21-07-2019 23:00 via newsbtc.com

Don’t Hold Your Breath, Bitcoin to Outperform Altcoins For Now

Despite the fact that Bitcoin is the leading crypto, altcoins — the blanket term given to cryptocurrencies that aren’t BTC — were all the rage in late-2017 and early-2018.
In fact, over the course of the bull run from 2016 to early-2018, Bitcoin dominance fell from over 90% to 33% at the bottom. This so-called “altseason” was catalyzed by a Cambrian explosion in the number and variety of cryptocurrencies, the ICO revolution, and massive growth in older projects like
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