Bitcoin Dominance Could Soar to 90% amid Economic Crisis, Crashing…

News BTC | Mar 26, 2020 at 12:22 PM
  • More and more traders would dump their altcoin investments to seek shelter in bitcoin amidst a deepening financial crisis.
  • And the other ended up in bitcoin that pushed its market dominance up from its YTD low of 61.98 percent to as high as 67.91 percent this Wednesday.
  • Its likelihood of stealing capital from the altcoin market seems higher owing to its relatively lower volatility and higher liquidity.