| Is the new 2019 Altcoin season at its peak? It seems that a large number of cryptocurrencies have recently reached resistance areas. In the crypto markets, everything happens quickly, and sharp rises carry rapid, sharp corrections. This is typical behavior that has been going on for the past several weeks, with the start of the week beginning with a correction from which we see upsurges in an attempt to break through resistance levels. The effects of the Bitcoin price on most of the market is evident, and when comparing the Bitcoin chart to the major Altcoins' charts, we can see that a direct correlation is obtained: where the Altcoins gain more than Bitcoin. Speaking about spikes: Just today, following a major announcement, Everex (EVX) has gained 300% in no more than 24 hours. Even though it is not the first coin to show such gains, seeing it after such a bearish year might be a fore-token. The market is not quiet, and enthusiasm and hype are slowly building up. If this trend continues, we can expect crypto to reach the mainstream. Besides, there is also an awakening trend in the events surrounding the crypto market, such as companies announcements. A new analysis examined the dominance of Bitcoin over the crypto market while taking into account the liquidity factor. The study suggests that, in practice, Bitcoin has significantly greater dominance - 80% - way higher than what is commonly known - which is around 50%. This can teach us a lot on the importance of Bitcoin to the crypto markets. Overall, it can be said that optimism is back and that positive trend continues this week as well, and it seems that the market is still at the bottom in terms of its market cap and its potential to grow. But... only time will tell. | 
BTC: $3,985
ETH: $138.8 
XRP: $0.309
Crypto Market Update: The AltSeason Continues with Everex Spikes 300%. BTC Fights The $4K