Analyst: Bitcoin’s Dominance Suggests Intense Crypto Market Rally is Approaching

News BTC | Jun 5, 2020 at 3:00 AM
  • Bitcoin’s dominance over the crypto market has remained steady for the past week, although it has been declining since the start of the year.
  • One popular cryptocurrency analyst does believe that this could soon happen, as he notes that the crypto market is now closer than ever to seeing the prophesied “altseason” that allows altcoins to post massive gains.
  • This market-wide uptrend proved to be short-lived, as the turbulence seen across the traditional markets caused virtually all cryptocurrencies to decline.