Bitcoin’s dominance over the altcoins have increased to its lowest position since October, as most alts are deep in the red today.
Another day, another failure at the $30,000 line for bitcoin as the asset even dropped to $29,000. However, the altcoins are in an even worse shape, with substantial price losses evident across almost all charts. Ethereum struggles below $1,900, while ADA dumped beneath $0.5.
Since the start of this week, there have been three separate occasions. The first one was during the weekend when the rejection drove BTC below $29,000. The same thing happened once again on May 23 and 24.
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