Hey DEFI TIMES community! It seems like times have changed. While DeFi tokens have been killing it in July/August 2020, people have switched their focus to Bitcoin. This is nothing new. We have seen this switch over and over again during the bull market in 2017. During this time, we saw "Bitcoin cycles" and "alt cycles". When there was a strong focus on alts, the Bitcoin dominance decreased over a while, and people declared Bitcoin to be losing. When we saw a strong focus on Bitcoin, alts were declared dead.
CRYPTO FRIDAY - All Eyes on Bitcoin
CRYPTO FRIDAY - All Eyes on Bitcoin
CRYPTO FRIDAY - All Eyes on Bitcoin
Hey DEFI TIMES community! It seems like times have changed. While DeFi tokens have been killing it in July/August 2020, people have switched their focus to Bitcoin. This is nothing new. We have seen this switch over and over again during the bull market in 2017. During this time, we saw "Bitcoin cycles" and "alt cycles". When there was a strong focus on alts, the Bitcoin dominance decreased over a while, and people declared Bitcoin to be losing. When we saw a strong focus on Bitcoin, alts were declared dead.