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 »

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bitcoin dominance market analyst altcoin according refers

Источник: captainaltcoin.com

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


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Here’s Why the Bitcoin Dominance Index Based on Market Capitalization Might Not Mean Much

Data from CoinMarketCap shows Bitcoin dominance below 70 percent but in reality, the number could be a lot higher. Unlimited Altcoin Token Supply Makes Market Cap a Meaningless Metric In a report by BTSE Academy, a free Bitcoin learning platform, there are better ways to get Bitcoin’s dominance apart from using the popular market capRead MoreRead More.

2020-7-2 08:39


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