Bitcoin Dominance Reaches 9-Month High

2023-3-16 19:39

The bitcoin dominance rate has climbed amid increasing turbulence in crypto markets, and more lately, as the price of bitcoin also reached a nine-month high. origin »

Bitcoin (BTC) на Currencies.ru

$ 81477.75 (+0.63%)
Объем 24H $60.498b
Изменеия 24h: 2.63 %, 7d: -1.16 %
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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