Ripple CEO: Bitcoin’s Dominance Over Altcoins May Soon End

As anyone with altcoins in their portfolio knows, when the price of Bitcoin takes a hit, the rest of the cryptocurrency market gets hit harder. Likewise, when Bitcoin bounces, altcoins tend to outperform. The correlation between the market leader and its supplicants goes both ways — but Ripple CEO Brad Garlinghouse thinks that&#8217;s about to change.  An Irrational Market As the cryptocurrency market&#8217;s first and foremost cryptocurrency, Bitcoin determines price action for the wider altcoin market.<br />Read More<br />The post Ripple CEO: Bitcoin&#8217;s Dominance Over Altcoins May Soon End appeared first on Bitcoinist.com.

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