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Analytics: the index of dominance soon BTC will decrease

The trend bitcoin to dominance soon begins to fade and oldoini will gradually regain lost positions on the cryptocurrency market, experts say Binance Research.

The analytical unit of the crypto currency exchange Binance said in his report that traders are recently showing an increasing interest in Aldona.

Researchers presenting the report, pay attention:

We believe that soon the index of dominance of bitcoin will return to the previous level of 50-60%. We know this because the share of the king was below 60% for quite a long time (from may 2017 to June 2019).

In July appeared the explosive aspiration of market leader to dominate. This week the share of bitcoin in the cryptocurrency market has exceeded 70%.

Skeptical analysts, including Max Keiser, I believe that altcoins will never be able to arouse the interest of investors and to win their share of the market.

Their opponents from Binance Research agree that indeed the index of the dominance of BTC will stay high for some time, but soon will begin to decline.

We will remind that on Tuesday 3 September, the index of dominance of BTC on the market exceeded 72%, then he dropped to 70.5%.

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