Markets· ★★★· bearish·

Bitcoin dominance recovers to 60.28% as 153 of 169 altcoins fail to reclaim losses

  • —BTC dominance rose to 60.28%, near early-September high
  • —158 of 169 altcoins dropped more than bitcoin in the selloff
  • —153 altcoins (90.5%) still trade below pre-drop levels
  • —Median loss recovery for altcoins was about 54%
Why it matters: Rising BTC dominance points to capital rotating into bitcoin and altcoin weakness, weighing on any altseason.
Source: TokenPost