40% of the altcoin losses exceed 90%, can BTC return to 12000 to drive the market?

Second, BTC's market share reached 64%, a new high

In the past 24 hours, BTC once again stood at 12,000 US dollars, BTC's market share increased to 64%, the highest since May 2017, Altcoins' share has gradually decreased to 36%, can not be consistent with the BTC's increase.

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At the end of May, BTC had a wave of corrections, market share declined, and Altcoins made up a wave, but the increase was still less than expected.

Now BTC's market share has increased to 64%. A few days ago, BTC had a wave of corrections, which led to the decline of the entire market. Altcoins did not get a chance to make up.

Third, 40% of the token losses still exceed 90%

Up to now, the price of BTC is 12,253.06 US dollars, and the top 300 of the market value is more than 90% of the highest point loss of 40.67%;

The loss of 70%-90% of the token accounted for 22.67%, the loss of 50%-70% of the 11.67%, the loss of less than 50% of the token accounted for 24%, no token profit;

May be due to the recovery of BTC prices, most cryptocurrency investors buy BTC

At present, BTC may continue to hit a new high in 2019, which will have a great impact on Altcoins.

In the past, the price of Altcoins in the bull market is often better than that of Bitcoin. In the bear market, it is not as good as Bitcoin. Personally, the market believes that the market will really enter the bull market, and Altcoins will surely usher in a wave of upswing!

(Altcoin: other tokens than BTC)

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