Crypto Market Transcends All-Time High While Bitcoin’s Dominance Wanes

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TheMerkle_LocalBitcoins RecordsIt’s alt season, y’all. Since the Christmas Crash took place back on December 22, Bitcoin has struggled to regain its former prominence. Crypto’s flagship coin has sputtered in price and lost a significant chunk of its market share, all while the rest of the market has continued a healthy growth pattern after the pre-Christmas dip. Ringing in the New Year on a High Note It’s not very often that you see Bitcoin stagnate while the rest of the market is going up. Not even a month ago, analysts were making starry-eyed speculations about Bitcoin’s future, many confident in a US$15,000 valuation by year’s end.

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