Altcoin Explosion Incoming? Analyst Warns Bitcoin Dominance Trend Points to Imminent Eruption

2023-8-24 22:00

A key bitcoin dominance metric is flashing signs of a potential impending altcoin season, according to cryptocurrency analyst elcryptoprof. Bitcoin dominance refers to bitcoin’s market capitalization as a percentage of the total crypto market cap. origin »

Bitcoin (BTC) на Currencies.ru

$ 83678.03 (+0.29%)
Объем 24H $37.119b
Изменеия 24h: 3.27 %, 7d: 0.35 %
Cегодня L: $82817.36 - H: $83989.02
Капитализация $1661.019b Rank 1
Цена в час новости $ 26371.61 (217.3%)

bitcoin dominance market analyst altcoin according refers

bitcoin dominance → Результатов: 126


How rising Bitcoin dominance invalidates many crypto assumptions

Key Takeaways Bitcoin dominance has risen above 50%, having started the year at 42% Traditionally, dominance falls while market prices are rising in the sector, marking the year 2023 out as unusual  This hammers home how Bitcoin is still finding its feet, and why prudence needs to be taken when extrapolating past performance to the […] The post How rising Bitcoin dominance invalidates many crypto assumptions appeared first on CoinJournal.

2023-8-11 14:50