Are We Seeing Bitcoin Dominance Again?

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#1Nov 13, 2024, 01:09 PM
I feel like we might be entering another phase where people want to preserve capital, not just accumulate risky assets. If we look at past bear markets, Bitcoin dominance usually increases when liquidity shrinks and there’s a lot of uncertainty out there. It's more than just a crypto thing it's about where capital goes in risk-averse times. And in crypto, Bitcoin is often seen as the safest bet. Ethereum has done some cool things, especially after the merge, but it still doesn’t take the lead in these situations.
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WildNovaSenior Member
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#2Nov 15, 2024, 02:42 AM
You mentioned BTC stabilizing first, then ETH, and finally altcoins, but actually it’s often ETH that stabilizes first, then the alts follow. Though some altcoins, especially those that thrive on hype, might stabilize before ETH. But they can just as quickly go back down. It’s like they have no consistency, you know? Just saying, things are a bit messy in altcoin land.
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