The entire cryptocurrency market shrinks, but bitcoin become more dominant.
In the economy we have some financial aspects that are related to each other. When there is a bad period, like crisis in the economy, most people will invest in Gold. We see Gold as a safe investment in bad times. Now there is something new in the economy, cryptocurrency market. The last couple of days the whole cryptomarket shrank. But something was unique to see. The dominance of bitcoin grew. This aspect is like a Gold aspect. When the whole cryptocurrency market is shrinking, more people are investing in bitcoin. If this aspect shows up more times, how stronger this factor.
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