@Readr 2 September 2021 more from that month

The market cap dominance by bitcoin currently stands at 40%. This basically means that 60% of the crypto money is locked in alts, while only 40% is in bitcoin. This is quite profound, especially if you consider that bitcoin has dominated the market cap for so many years. If I remember correctly, btc dominance as of last year was hovering around 70%. Does this mean that people are coming to the realization that bitcoin is not the only cryptocurrency on earth? Or is it a realization that it is more profitable to invest in other cryptocurrencies apart from btc? So many questions. This is uncharted territory, so we can only speculate about what to expect. However, I see a situation where the market won't be going where bitcoin goes, but alts will take their own path.