Altcoins Enter Con consolidation phase
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•Analysis: Altcoins may be entering a consolidation phase before they see a surge
57% Informative
Altcoins took a big blow in the wee hours of Wednesday morning after Bitcoin price slipped below the $ 60,000 support level.
Total crypto market cap dropped by 6.7% as alts witnessed double-digit losses.
Altcoins struggle to outperform Bitcoin as dominance rose by 0.85% in the last week .
Bitcoin Dominance chart also shows a cup and handle forming that may send it to 59% .
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