Bitcoin recent downturn temporarily pulled its dominance rate down to 49.5% which is the lowest level since August 2018. This has led a growing number of traders to predict that altcoins will outperform Bitcoin in the short term.
The entire Top 10 is traded in the red zone. Dogecoin fell by -28.2%, Ripple -22.3% and Cardano -15.6%
Market capitalization: $1.86T (-12.2%)
The BTC dominance: 49.82% (+3.14%)
Fear & Greed Index: 55 (Greed)
https://cryptorank.io/heatmaps
Bitcoin Gold (BTG) +22.7%
Pirate Chain (ARRR)+12.3%
ABBC coin (ABBC)+5.8%
Milk (MLK) -39.2%
MVL (MVL)-37.6%
Lambda (LAMB) -36.0%
BTC Futures
Aggregated Volume — $117.33B
Aggregated Open Interest — $16.08B
