2020-9-10 23:22 |
Bitcoin dominance rate is a metric cited by many when forecasting altcoin and BTC rallies but is the indicator reliable?
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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Crypto markets were bleeding red today as a deep sell-off tanked prices across the board. While Bitcoin FUD has been dominating headlines, it was alts that suffered most. Alts Get The Raw End Of The Sell-Off The total crypto market cap fell 32%, losing some $600 billion at its lowest point today. Although late lunchtime […]
Social media mentions of “altcoin season” were fewer and far between in the past weeks, after several crashes almost erased the gains made in 2019. Altcoins gave way to growing Bitcoin (BTC) maximalism, as the leading coin outperformed most smaller assets.
Over the last couple of weeks, bullish sentiment has returned to the crypto market. However, it’s not Bitcoin (BTC) that is causing the stir, it’s the possible altcoin season that is upon us that has traders, analysts, and investors everywhere interested again.
Bitcoin (BTC) dominance is the percentage of cryptocurrency’s total market capitalization accounted for by Bitcoin, and it has reached a near-three month high. According to CoinMarketCap, BTC dominance is now 42.