Why I Am Buying Bitcoin in June
Sell-offs are nothing new in crypto. They are necessary and can even be seen as healthy. But when looking at widespread sell-offs in the past, altcoins do not typically lead the rebounds. Historically, money usually flows into Bitcoin (CRYPTO: BTC), and then eventually altcoins follow suit.
To get a glimpse at the current market conditions, investors have used a metric known as Bitcoin Dominance. This metric is a ratio between the market cap of Bitcoin and the total of all other cryptocurrencies.
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Source Fool.com