Binance betting on alt boom

Cryptocurrency exchange Binance supports the idea that Bitcoin (BTC) dominance will soon fall below 60 percent. The exchange’s analytics arm Binance Research made claims that stated that Bitcoin’s current market dominance is only temporary and will not last forever. Officials from the exchange stated that people are investing in altcoins as most altcoins are at their lowest right now. These investors provide an influx of money to many of these altcoins, the prices of which are bound to increase sooner or later. According to the officials, the exchange believes that Bitcoin dominance will fall again as it had been below