Bitcoin eats altcoins in a dramatic return to the forefront.

Laying quietly, worryingly even, Bitcoin has appeared dormant during the altcoin surge of the past week. Two days ago, it stirred from its sleep, moving slightly on news of Rootstock, big-name investment from Peter Thiel, and more talk of the functionality of the Lightning network.

Today, Bitcoin has woken. It is consuming the altcoin market and increasing its dominance, particularly eating into Ripple's market, but taking down numerous altcoins in its wake. This is likely the beginning of a bull run. When Asia wakes up in a few hours, we could see a continuation of momentum and a new high reached over the weekend.

Speaking of Asia, a new arrival to the top ten, Tronix, is holding steady against Bitcoin. Expect another surge in Tronix in a few hours.

Weekends tend to be difficult to predict however, as many traders will take a break or even cash out some profits for some fun. We will have to wait and see.

*This is not professional trading advice - just my opinion!

image source:

https://yle.fi/uutiset/osasto/news/early_risers_helsinki_zoos_hibernating_bears_wake_up/8652827