altcoins just gonna have massive bearish and the elimination of shitcoins gonna start, the capitals gonna leaves out all these shitcoins and coming back to bitcoin all over again I guess and when the dominance of bitcoin has reached its peak, the bullish gonna starting to come.
though, it's doesn't always guaranteed that bullish gonna really come and the current market circumstance could very well be straying away from the past, at least this market dominance rising could give a glimpse of chance that the bullish gonna be coming maybe next year I guess.
Topic: BTC market capitalisation going up, what this means for ALTS (Read 148 times)
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
It looks like the price of bitcoin will return to the price before the ATH price was reached because we will see the initial price of bitcoin in a little while. The effect of bitcoin's decline this time is that altcoins suffer even more and I think there will be more altcoins that will return to their initial prices and probably many of the altcoins will disappear from the market. This condition seems to reset the market situation and eliminate unnecessary coins and it seems that after this, the market position will also change. So be prepared for those changes and take your chances if you see them.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
it's now clear we are in a bearish trend and capitalisation has broken out (check trading view charts) so stay diligent.
It's already clear that we're in the bearish trend market ever since the Bitcoin halving effect market end which is proven when the market's next momentum is unclear which is what also happen in the December 2017 market before the bearish was totally clear in the year 2018.The people we have in the crypto market are that some people don't want to face the truth about the cryptocurrency 4years cycles because the correction of the market is not something new and will always happen.
Instead of people complaining about it, it's better to seize the advantage it presented.
Right now I am waiting for my extra “not beer” money tomorrow or 2 days from now to buy Bitcoin again.
this guy gets it. Sure, you buy now and you risk seeing another price drop and it'll feel like a massive blow to the head. But if you know what you're doing (like spending what you can afford to lose), then you'll be ready to take that punch in the face and quickly recover because you know that in the long-term that investment in btc it's going to pay off.
If we endured the great Bitcoin crash of 2018 and eventually skyrocketed in 2021, how much more for this one. To me, we are in a much better place than before because of the wide adoption and acceptance of financial institutions, governments (except the anti-Bitcoiners), traditional companies, etc.
right on. For those of us who survived the cold winter of the late 2017/early 2018 crash this is just another bump in the road, time to either accumulate and/or just hodl your stash. Here's to a quick price recovery 🍻
BTC market capitalisation is currently at ~45%
What does this means for ALTS?
Relative to BTC altcoins will be loosing value, the market capitalisation of BTC has only increased 5%, imagine another 15%?
Please note that market capitalisation of BTC always increases in a bear market after drastic moves - it's now clear we are in a bearish trend and capitalisation has broken out (check trading view charts) so stay diligent.
What does this means for ALTS?
Relative to BTC altcoins will be loosing value, the market capitalisation of BTC has only increased 5%, imagine another 15%?
Please note that market capitalisation of BTC always increases in a bear market after drastic moves - it's now clear we are in a bearish trend and capitalisation has broken out (check trading view charts) so stay diligent.
As you already said, it is absolutely normal that Bitcoin itself is losing not as much as almost all other coins during a bear market. I am following the crypto market since around 2017 and so far the behavior and the movement of the crypto market has pretty much always be pretty similar during bear and bull markets. In a bear market the altcoins are suffering the most, especially the ones that are pretty new and small. My portfolio mainly consists of small and new projects so don't even ask me about my portfolio value
.During a bull market, bitcoin is usually the first coin to rise and it takes some time until the other coins are rising too. Then it is possible though that those coins are rising even more than BTC itself.
BTC market capitalisation is currently at ~45%
Historically BTC market capitalisation has reached up to ~60% in bear markets
What does this means for ALTS?
Relative to BTC altcoins will be loosing value, the market capitalisation of BTC has only increased 5%, imagine another 15%?
Please note that market capitalisation of BTC always increases in a bear market after drastic moves - it's now clear we are in a bearish trend and capitalisation has broken out (check trading view charts) so stay diligent.
Checking the trading display chart is really necessary at this point in time for those who are trading, but for those who are holding assets in Bitcoin I don't think it's necessary to check them every day because I personally have always had more faith in Bitcoin and would never have any doubts about price drops right now, because one day it will also increase again after this bearish trend is over in the market. Historically BTC market capitalisation has reached up to ~60% in bear markets
What does this means for ALTS?
Relative to BTC altcoins will be loosing value, the market capitalisation of BTC has only increased 5%, imagine another 15%?
Please note that market capitalisation of BTC always increases in a bear market after drastic moves - it's now clear we are in a bearish trend and capitalisation has broken out (check trading view charts) so stay diligent.
BTC NEXT TARGET 20K 
I wouldn’t really mind at all. I would still buy and not change my mind in doing DCA (dollar-cost averaging) with Bitcoin every month. Right now I am waiting for my extra “not beer” money tomorrow or 2 days from now to buy Bitcoin again. Yes I am at a loss because last month I have bought BTC when it was still around $30kish. But it’s something that I can afford losing, but technically I wouldn’t call it a loss because BTC will eventually bounce back just like the old times.
If we endured the great Bitcoin crash of 2018 and eventually skyrocketed in 2021, how much more for this one. To me, we are in a much better place than before because of the wide adoption and acceptance of financial institutions, governments (except the anti-Bitcoiners), traditional companies, etc.
I believe this should be about the dominance of bitcoin over altcoins. The dominance will continue to increase overtime because there's a lot of trust on investing in bitcoin than most alts. Only bitcoin has the potential to rise up to its previous ATH and beyond. Most altcoins will never go back to their previous ATH before the bear season began.
Investors always go with the king time and time again when everything go south but I don't agree that it's the ONLY coin that can surpass its previous ATH. It will be the first to recover but some of the major ALTS will catch up. Some can even outperform BTC in terms of gains since they dropped more. 
We don't get excited and overthink what gonna happen while seeing this thing coz I'd never see such a significant impact to this in the market nor on altcoins. It was indeed just the demand changes and it happens from time to time. You might see in the next few days it turns back low again. T
Actually, market capitalization is not a sign of recovery. May the news has a huge influence than this stuff. However, you can take it and put it on the record may this be helpful in your future analysis OP.
Actually, market capitalization is not a sign of recovery. May the news has a huge influence than this stuff. However, you can take it and put it on the record may this be helpful in your future analysis OP.
I believe this should be about the dominance of bitcoin over altcoins. The dominance will continue to increase overtime because there's a lot of trust on investing in bitcoin than most alts. Only bitcoin has the potential to rise up to its previous ATH and beyond. Most altcoins will never go back to their previous ATH before the bear season began.
In general whenever their is a bear market BTC capatalization goes up. The reason behind it is that those who want to capatalize this situation buy alts with Bitcoin pair. I am not sure why but people tend to hold Bitcoin more than Altcoins and when the market goes down they use the Bitcoin pair as the value of Altcoins is less than transacting with a stablecoin.
Do you mean market dominance?
Currently it's 46%, I think that is very low and it only means that people are still trusting altcoins despite the market is already bearish. In the last bear season, people are investing on bitcoin and they are dumping their altcoins, and that resulted to us seeing lots of undervalued altcoins which gives us a very cheap price to accumulate.
Currently it's 46%, I think that is very low and it only means that people are still trusting altcoins despite the market is already bearish. In the last bear season, people are investing on bitcoin and they are dumping their altcoins, and that resulted to us seeing lots of undervalued altcoins which gives us a very cheap price to accumulate.
The price of BTC nowadays is decreasing rapidly due to the fact that the war in Ukraine has caused lots of trouble economically to the other part of the world and people nowadays are preparing for more catastrophic scenarios. Looks like another panic selling is on the way to avoid further loss and this is the time when risk-takers do their work. How I wish I had enough money to buy from this dip for long-term holding. As the day goes by, the BTC price decreases, you find more people will not hesitate to sell their BTC and this is the right time for us to spend some money in the crypto market for the future.
BTC market capitalisation is currently at ~45%
I guess it's about the market dominance and it's not about market capitalization. both were different thing. Historically BTC market capitalisation has reached up to ~60% in bear markets
What does this means for ALTS?
So altcoin needs to follow bitcoin in next monts. What does this means for ALTS?
Relative to BTC altcoins will be loosing value, the market capitalisation of BTC has only increased 5%, imagine another 15%?
It's still mean nothing. Altcoin will be dumped even deeper but it will come back laterPlease note that market capitalisation of BTC always increases in a bear market after drastic moves - it's now clear we are in a bearish trend and capitalisation has broken out (check trading view charts) so stay diligent.
Yeah nothing new in the crypto but once bitcoin was reaching the floor and then altcoin will be trying to follow that. Altcoins will try to take its dominance when bitcoin is doing side way or bump again. 
I thought you will say it's an altcoin season lol, there's a user said the next alts season might happen, but considering altcoins capitalization is less than Bitcoin, that's make the alts season unlikely to happen.
You said most people converting their altcoins to Bitcoin, if you said was true... why we still see Bitcoin price is continue decrease? It should work otherwise since the Bitcoin demand is increase. I'd think many people are prefer to convert their both altcoins and Bitcoin to stable coin.
You said most people converting their altcoins to Bitcoin, if you said was true... why we still see Bitcoin price is continue decrease? It should work otherwise since the Bitcoin demand is increase. I'd think many people are prefer to convert their both altcoins and Bitcoin to stable coin.
BTC market capitalisation is currently at ~45%
That's dominance not capitalization and the current rate is 47%.Historically BTC market capitalisation has reached up to ~60% in bear markets
IIRC, it was 70% during the start of bitcoin's pump to its way to ATH.What does this means for ALTS?
Most people are selling their alts for bitcoin, that's the meaning of it.Relative to BTC altcoins will be loosing value, the market capitalisation of BTC has only increased 5%, imagine another 15%?
Please note that market capitalisation of BTC always increases in a bear market after drastic moves - it's now clear we are in a bearish trend and capitalisation has broken out (check trading view charts) so stay diligent.
And that only means that most investors are holding bitcoin and saving during the rainy days. This is the meaning of it and despite the market value has wiped more than half of it, this gives the idea that it's better to keep yours in btc right now. Please note that market capitalisation of BTC always increases in a bear market after drastic moves - it's now clear we are in a bearish trend and capitalisation has broken out (check trading view charts) so stay diligent.
It means that Bitcoin dominance versus altcoins is increasing. This is very normal when the market is dumping, I also consider that there are a lot of people converting their altcoins to Bitcoin for now.
Since the Bitcoin dominance is increasing, the volume on the altcoins is decreasing. People are also expecting that the percentage of dump on Bitcoin is lesser compare to altcoins that's why some of them are converting to Bitcoin for now.
Since the Bitcoin dominance is increasing, the volume on the altcoins is decreasing. People are also expecting that the percentage of dump on Bitcoin is lesser compare to altcoins that's why some of them are converting to Bitcoin for now.
BTC market capitalisation is currently at ~45%
Historically BTC market capitalisation has reached up to ~60% in bear markets
What does this means for ALTS?
Relative to BTC altcoins will be loosing value, the market capitalisation of BTC has only increased 5%, imagine another 15%?
Please note that market capitalisation of BTC always increases in a bear market after drastic moves - it's now clear we are in a bearish trend and capitalisation has broken out (check trading view charts) so stay diligent.
Historically BTC market capitalisation has reached up to ~60% in bear markets
What does this means for ALTS?
Relative to BTC altcoins will be loosing value, the market capitalisation of BTC has only increased 5%, imagine another 15%?
Please note that market capitalisation of BTC always increases in a bear market after drastic moves - it's now clear we are in a bearish trend and capitalisation has broken out (check trading view charts) so stay diligent.
It's just a rise in relative market cap. As chaotic times come, people prefer gold. In the crypto world, believers regard BTC as gold, and "bear markets" are equivalent to "eras of chaos." When the crypto world prospered, BTC was the ballast, and when the chaotic era came, BTC was the lifebuoy.
BTC market capitalisation is currently at ~45%
Historically BTC market capitalisation has reached up to ~60% in bear markets
What does this means for ALTS?
Relative to BTC altcoins will be loosing value, the market capitalisation of BTC has only increased 5%, imagine another 15%?
Please note that market capitalisation of BTC always increases in a bear market after drastic moves - it's now clear we are in a bearish trend and capitalisation has broken out (check trading view charts) so stay diligent.
Historically BTC market capitalisation has reached up to ~60% in bear markets
What does this means for ALTS?
Relative to BTC altcoins will be loosing value, the market capitalisation of BTC has only increased 5%, imagine another 15%?
Please note that market capitalisation of BTC always increases in a bear market after drastic moves - it's now clear we are in a bearish trend and capitalisation has broken out (check trading view charts) so stay diligent.
Jump to: