Bitcoin in recovery mode as altcoins outperform

Currently, the bitcoin dominance ratio is down from a peak of 48% in July, when crypto prices stabilized after a correction earlier this year. Similar to February-March 2018, traders are returning to buy lower altcoins which have lagged behind a strong rally in bitcoin over the past month. For now, some analysts expect altcoins to take the lead, as cryptocurrencies typically produce positive returns in the fourth quarter.

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