Currently, the bitcoin dominance ratio is declining from a high of 48% in July, which was when crypto prices stabilized from a correction earlier this year. Similar to February-March 2018, traders are returning to buy the dip in altcoins that have lagged behind a sharp recovery in bitcoin over the past month. For now, some analysts expect altcoins to take the lead, because cryptocurrencies typically produce positive returns during the fourth quarter.
Bitcoin in Recovery Mode as Altcoins Outperform
