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Bitcoin Dominance Could Soar to 90% amid Economic Crisis, Crashing Altcoin Market | NewsBTC

Bitcoin Dominance Could Soar to 90% amid Economic Crisis, Crashing Altcoin Market | NewsBTC

More and more traders would dump their altcoin investments to seek shelter in bitcoin amidst a deepening financial crisis, according to Qiao Wang, head of product at Messari. The New York-based angel investor said Wednesday that he expects bitcoin’s dominance to rise above 90 percent by the end of the ongoing economic slowdown.




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