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Topic: What the effect of many of his new cryptocoin against bitcoin? - page 2. (Read 196 times)

sr. member
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the more the number of cryptocoin emerging in the crypto market would be the effect also in the reduction of bitcoin prices .. we see now that there are so many developers that make new cryptocoin, although not all its cryprocoin made in the market or can enter crypto market .. does the number of crypto be one of the effects of declining bitcoin prices?
That's right because more altcoin will be eating the bitcoin domination percentage on the cryptocurrency. As you can see and how the bitcoin dominance has decreased a lot since there is a massive adoption to the altcoin. and bitcoin gets a huge impact caused by that.
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the more the number of cryptocoin emerging in the crypto market would be the effect also in the reduction of bitcoin prices .. we see now that there are so many developers that make new cryptocoin, although not all its cryprocoin made in the market or can enter crypto market .. does the number of crypto be one of the effects of declining bitcoin prices?
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