Why Your Altcoins Are Bleeding While $BTC Pumps
This is something that happens a lot in the crypto world: Bitcoin is going up by 5 percent. Your favorite altcoins are not moving much or are even going down. If you are new to this it might seem unfair but it is actually a normal part of how the market works and it is called Bitcoin Dominance.
The Reality Check:
* Bitcoin Dominance: When Bitcoin breaks through a barrier like seventy eight thousand dollars people put their money into it because it is the safest option.
* $ETH and Solana are lagging behind: Ethereum is at two thousand three hundred twenty dollars. Solana is at eighty four dollars. They are getting stronger. They usually start to catch up when Bitcoin stops going up and starts moving sideways.
The big mistake people make is selling their altcoins now and buying Bitcoin when its price is high. You have to be patient if you want to make money.
What I think is happening: I think things will be okay in the run but for now I am not sure. We are, in a phase where Bitcoin is leading the way. The altcoins will follow later.
What should you do: save this post so you do not sell your altcoins when the market changes!