Bitcoin Dominance Hits a 2019 High of 55%, Entailing Digital Asset Decoupling or Bull Market Precursor?

2019-4-30 18:56

Recent data on CoinMarketCap concerning Bitcoin is showing some promising information. The cryptocurrency’s Bitcoin Dominance Index has reached 55 percent for the first time this year. U Today suggests this means that the “altcoin season might not be coming anytime soon.

” Other news outlets are questioning whether Bitcoin’s improved dominance is a precursor to a […]. origin »

Bitcoin (BTC) на Currencies.ru

$ 90160.49 (-0.25%)
Объем 24H $58.034b
Изменеия 24h: -1.29 %, 7d: 6.27 %
Cегодня L: $89150.54 - H: $92200.81
Капитализация $1799.55b Rank 1
Цена в час новости $ 5325.02 (1593.15%)

bitcoin dominance precursor altcoin might season suggests

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