Bitcoin Dominance is Crashing!
It is interesting to see that as the market and Bitcoin are rising that Bitcoin dominance is falling sharply. Bitcoin dominance was 87% 13 months ago and 45% on April 1st. Now it is just over 38%.
Is this a sign of the market maturing and true use valuations occurring for alt-coins? What do you think?
Also the market is right on the descending trend line. We could have a big break up here if we can just get one whale to push it impressively above the trend line.
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