06:47
James Wynn: The price of Bitcoin and its market share are declining simultaneously, and the market may transition to alt season.
BlockBeats news, on July 25, James Wynn posted on social media: "Market makers are selling BTC, causing panic among leveraged long positions, and retail investors/weak holders are following suit and dumping. Meanwhile, they are buying your alts, while some of you are selling because you see the BTC price falling. This is a transition between Bitcoin season and altcoin season. Despite the fall in Bitcoin's price, Bitcoin's dominance continues to decline. Typically, alts would follow the decline and dump more fiercely. But they haven't.
BTC-2.17%