Why increasing bitcoin dominance is no good thing.

One of the major themes that has arisen since the price of bitcoin crashed to under $6000 in early February has been an increase in the dominance of Bitcoin. Whilst in early January total bitcoin dominance was below 32%, as of the time of writing, bitcoin comprises some 40% of the total market capitalization of all cryptocurrencies!

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Veteran futures trader, markets and finance enthusiast - I like to speculate and think aloud about whatever I find interesting, but usually finance and trading.

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