2023-11-22 09:16 |
Bitcoin dominance is a largely redundant metric — if you believe BTC and crypto “altcoins” should be in the same category at all, that is.
Similar to Notcoin - Blum - Airdrops In 2024
2023-11-22 09:16 |
Bitcoin dominance is a largely redundant metric — if you believe BTC and crypto “altcoins” should be in the same category at all, that is.
Similar to Notcoin - Blum - Airdrops In 2024
Bitcoin dominance rate is a metric cited by many when forecasting altcoin and BTC rallies but is the indicator reliable?
2020-9-10 23:22 | |
In a show of dominance, the total transaction fees generated by Uniswap — a leading Ethereum-based decentralized exchange (DEX), is approximately 50 percent of Bitcoin’s. The Rise and Rise of Uniswap In a tweet posted on Aug 19 to highlight and contrast between the developments of Ethereum and Bitcoin, the metric goes on to show thereRead MoreRead More.
2020-8-19 17:07 | |
While Bitcoin has performed well in recent weeks, some altcoins have done even better. Take the example of Chainlink (LINK), which has almost doubled in the past month. With many altcoins outpacing BTC, the Bitcoin dominance metric has plunged.
2020-8-18 04:00 | |
Bitcoin’s dominance has been seeing a sharp decline over the past few days and weeks as altcoins have captured the majority of investors’ attention Yesterday, however, this metric hit a historically important region, and shortly after the benchmark cryptocurrency’s price began rebounding Some analysts are now noting that it may be “pullback time” for altcoins, with this potential decline being perpetuated if Bitcoin can smash above $10,000 Ethereum could also play a big role in […]
2020-7-27 22:00 | |
There’s been what some analysts call an “altseason” over recent weeks as Bitcoin has stalled. Due to the outperformance of altcoins against BTC, the Bitcoin dominance metric has dropped by a handful of percentage points over recent weeks.
2020-7-20 15:00 | |
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 | |
Bitcoin (BTC) dominance figures show how much of the total crypto market cap is comprised of Bitcoin (BTC). But this metric is of importance for more than BTC holders
2020-6-8 17:20 | |
BTC dominance – a metric that weighs the entire Bitcoin market cap against other crypto assets – has been falling in recent weeks, giving many small-cap altcoins a chance in the limelight. The short-lived altcoin season could come to an abrupt end, however, according to a highly reliable indicator. BTC Dominance To Grow, Putting Sudden...
2020-5-26 20:30 | |
Bitcoin closed the day slightly higher at just over $6,400 on March 31. That’s an increase of around 8. 5% on the 24-hour scale. The Bitcoin dominance metric continues to linger around 66% with the total market cap ending the day at just over $118.
2020-4-1 09:34 | |
Over the past month, altcoins have finally started to break higher, reversing the Bitcoin-centric trend seen in the crypto market throughout all of 2019. In fact, the BTC dominance metric has dropped to 66% over the past week, with digital assets like Ethereum, XRP, and Litecoin starting to outpace the market leader.
2020-1-26 05:30 | |
The number designating the dominance of Bitcoin (BTC) may be a faulty metric, especially when estimating the potential of altcoins. Instead, the metric has been proposed as a way to gauge the market direction.
2020-1-18 02:00 | |
Altcoins like Ethereum, Litecoin, and XRP have struggled to recapture lost market share from Bitcoin in 2019. This has been reflected by a sharp increase in Bitcoin dominance – a metric that has increased steadily throughout the year.
2019-10-8 22:00 | |
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.
2019-9-3 15:41 | |
Despite the drawdown in the price of Bitcoin (BTC) — which some analysts say would result in a change of tides for altcoins — BTC dominance continues to tick higher. As of the time of writing this, the key market metric is approaching 70% for the first time in years, implying that once again, almost.
2019-9-2 15:00 | |
Despite the drawdown in the price of Bitcoin — which some analysts say would result in a change of tides for altcoins — BTC dominance continues to tick higher. As of the time of writing this, the key market metric is approaching 70% for the first time in years, implying that once again, almost all.
2019-8-31 15:00 | |
Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and info to keep you up to date in the cryptocurrency and blockchain world. Earlier this year, Bitcoin was setting records for 12-month price highs.
2019-8-5 17:00 | |
By CCN: As the bitcoin price bounded to a new 2019 high on Friday, a key market metric quietly surged to its highest level since December 2017 when the bitcoin price peaked at an all-time high just under $20,000.
2019-5-11 22:30 | |
The metrics of Bitcoin are complicated, but there are a few factors that any investor understands – price, circulating supply, and market cap. Market dominance is a little more complex, but it is just the percentage of the total market cap of all cryptocurrencies with how much of the portion BTC holds. However, Bitcoinist recently […]
2019-3-23 07:14 | |
It’s hard to imagine a time before cryptocurrency exchanges were stocked with hundreds of digital assets. A time before the pejorative “shitcoin” had been coined and there was no such metric as bitcoin dominance.
2018-12-19 13:30 | |
As controversies surrounding Bitmain’s looming IPO spell uncertainty for the future well-being of the mining goliath, competitors are fast to move in on the manufacturer’s territory.
2018-9-21 01:04 | |
Bitcoin (BTC) continues to decline and so is the entire market. However, an investment strategist sees it as a paradigm-shifting technology that needs time to appreciate in value. Bitcoin marks another day trading in the red with the rest of the entire market performing even worse.
2018-8-14 15:00 | |
Recent Bitcoin block data shows that Bitcoin’s mining pools BTC. com, AntPool and ConnectBTC, respectively mined about 25. 7 percent, 16. 1 percent and 0. 2 percent of all new blocks over the past week.
2018-6-29 23:07 | |