Bitcoin dominance dips to 55%: Time for altcoins to shine?

2024-8-14 02:00

Bitcoin's dominance was around 55% at press time. The market remained in Bitcoin season despite a drop in its dominance. Recently, Bitcoin [BTC] has experienced significant declines, causingThe post Bitcoin dominance dips to 55%: Time for altcoins to shine? appeared first on AMBCrypto. origin »

Bitcoin (BTC) на Currencies.ru

$ 90882.33 (-0.62%)
Объем 24H $57.399b
Изменеия 24h: 2.98 %, 7d: 5.62 %
Cегодня L: $89150.54 - H: $92200.81
Капитализация $1813.951b Rank 1
Цена в час новости $ 60810.72 (49.45%)

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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