Bitcoin dominance hits 6-month lows as metric proclaims new 'alt season.'
Over 75 per cent of top 50 altcoins outperform Bitcoin despite the chaos caused by the Terra-Luna crash
By Shashank Bhardwaj
Bitcoin is in tough competition from altcoins as the latest data suggests an 'alt season' in the play. The Bitcoin market cap has fallen to around 41 per cent, which is the lowest since January this year. The last six months' data suggest that altcoins have become a better investment than Bitcoin. Even after hitting a fresh high since the crash in June, Bitcoin is outrun by coins like Ethereum.
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