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people are remarking about "markets" lately, but has anyone seen bitcoin dominance excluding stablecoins?

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by COINS NEWS 102 Views

pardon my dubious speculation...

So, typically when bitcoin rises there are periods of altcoin seasons that follow. However, are things "different" this time? bitcoin is at 52k. Eth is doing well too, but I don't consider it an altcoin.

But in the macro aspect of things, we have unemployment reaching lows amid an environment where companies are reluctant to hire and rumored to begin layoffs soon if they have not already...

Something worth remembering at this point is altcoins are far riskier than bitcoin and every time we've seen money printing, years into the future botcoin rises, while banks shutting their doors results in fast upward movement in btc price action.

https://www.tradingview.com/script/2rj7jvbO-Bitcoin-Dominance-Excluding-Stablecoins/

Consult the above chart. I'm not a financial advisor.

submitted by /u/sgtslaughterTV
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