The market has dropped because the SEC listed a vast number of | The Wolf Of Few Streets
The market has dropped because the SEC listed a vast number of altcoins as securities in a case against Coinbase. However, those who are shorting Bitcoin should be careful. Even though it dropped slightly along with all altcoins, Bitcoin's market dominance has increased. This is because people are transitioning from altcoins to Bitcoin. This trend indicates a significant potential for growth. At the moment, Bitcoin's dominance is nearly 50%.
Opinions expressed here are my own and not financial advice. Crypto, forex, stocks. DM: @of_streets. Twitter (X): https://x.com/wolf_of_streets. Instagram: https://www.instagram.com/thewolfoffewstreet...