A $1.2T shift toward Bitcoin may be starting — and one grim index says altcoins may never rally

Bitcoin’s grip on the crypto market is tightening again, and the numbers behind that shift help explain why a broad basket of altcoins is unlikely to beat the top crypto. Data from CoinMarketCap indicate that Bitcoin's dominance is edging upwards towards 60% of the total crypto market capitalization. In comparison, altcoins' dominance has been trending […] The post A $1.2T shift toward Bitcoin may be starting — and one grim index says altcoins may never rally appeared first on CryptoSlate.