The post Altcoins Could Fall 30% to 50% if Bitcoin Dominance Keeps Rising, Warns Analyst appeared first on Coinpedia Fintech News
Altcoins may be heading for a correction even if Bitcoin only dips slightly. That’s the warning from Gareth Soloway, chief market strategist at VerifiedInvesting.com, who says the Bitcoin dominance chart is flashing a signal that has preceded major market turns before. Why Bitcoin dominance matters Bitcoin dominance measures Bitcoin’s share of the total crypto market. …