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Hey Bitcoin, your dominance means nothing!

Since the start of 2020, Bitcoin market cap dominance has been challenged valiantly by the altcoins. Their performance, led by the likes of Ethereum, Chainlink, and Cardano, cannot be undermined, and neither can DeFi’s growth be ignored. Source: Arcane Research According to Arcane Research, Bitcoin’s dominance is currently at a yearly low since amassing a 70% dominance last summer. The last time BTC’s dominance was this low was in late May 2019. In early 2018, the asset’s dominance steeped to its lowest point at 35% but since the start of 2019, its grip over the market has been consistently above 50%.…

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