Altcoins ‘bled’ as Bitcoin gained dominance in Q2: CoinGecko
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The second quarter of the year has been a solid one for Bitcoin’s performance as its market dominance gained against altcoins, which “bled” throughout the quarter, according to CoinGecko.
On July 18, the crypto data aggregator released its industry
“After a stellar Q1, Bitcoin still outperforms most major asset classes in Q2, only lagging behind the NASDAQ and S&P500,” the report stated.
With most altcoins aside from XRP continuing to retreat at the moment, hopes for an early “altseason” are dwindling as Bitcoin remains the king of crypto.
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