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Market Cap:
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Bitcoin Bitcoin Share: 60.47%
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The Crypto Basic
2023-01-05 07:42:05

Analyst Warns of Impending Crash As Altcoin Trade Dominance Hits 50%

Analyst Warns of Impending Crash As Altcoin Trade Dominance Hits 50%

The massive November dump of last year was immediately preceded by an equally surging dominance in altcoin trade volume. The dominance of altcoins’ trading volume has surged to 50% and is looking to rise above the level, sparking worries amongst analysts. The pattern is mainly associated with a looming market-wide slump. “This is VERY CONCERNING,” said CryptoQuant The post Analyst Warns of Impending Crash As Altcoin Trade Dominance Hits 50% first appeared on The Crypto Basic .

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