Btw, whatever it is, it’s a good time to buy cryptocurrencies and more especially at the crowdfunding stage.
I was amazed by the movement of the market in such a short period. The coin market cap rose from $205 billion to about $250 billion in less than 24hrs. This shows that there's huge potential in the market and nothing is impossible. I'm not certain of what could have necessitated such a swift movement, though the rumours in the space are logical.
Market growth happened so quickly. But bitcoin still holds a great share of the market cap. It just looks like it’s all been bitcoin all along. With a 70% market dominance, altcoins once again has to depend on bitcoin for the bullish market trend.
Bitcoin always have dominance of the market, but the dominance of 70% is something more. I personally haven't experienced this present level of dominance since I joined the industry. I do hope that this would have a better impact on the cryptocurrency space and give us the bull run we desire.