Bitcoin dominance exceeds 70% for the first time since March 2017 — but that doesn’t mean shit

Bitcoin dominance exceeds 70% for the first time since March 2017 — but that doesn’t mean shit
фото показано с : thenextweb.com

2019-9-3 15:41

Bitcoin‘s market capitalization has exceeded 70 percent of the total cryptocurrency market for the first time since March 2017 — when it was worth just $1,000 per coin. This metric is commonly referred to as its “dominance.

” It’s a rather simple estimate that’s typically used to show how popular investing in that particular currency is. To determine the market capitalization of any particular digital asset, simply take its price and multiply it by the number of tokens in circulation (Note: circulating supply and total supply often differ). When you see #bitcoin dominance breaking out to a new high pic. twitter. com/Mi7XYm1PTM — Moon Overlord…

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Bitcoin (BTC) на Currencies.ru

$ 70845.98 (-0.41%)
Объем 24H $46.247b
Изменеия 24h: -4.80 %, 7d: 1.72 %
Cегодня L: $70845.98 - H: $71538.73
Капитализация $1417.135b Rank 1
Цена в час новости $ 10400.93 (581.15%)

bitcoin market dominance total particular when supply

Источник: thenextweb.com

bitcoin market → Результатов: 126


Фото:

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Bitcoin has experienced another turbulent week marked by sustained downward pressure, reinforcing the broader bearish sentiment that has dominated the market in recent months.  Despite late market relief on Friday, the leading cryptocurrency has struggled to reclaim key resistance levels and presently hovers around the $69,000 price region.

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Bitcoin is on track to close the year in negative territory, a development that has reinforced growing concerns among analysts who are increasingly positioning for a potential bear market ahead. After failing to sustain momentum above key psychological and technical levels, market sentiment has shifted toward caution, with investors closely monitoring liquidity behavior and exchange flows for early signals of regime change.

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