Three Arrows Capital Co-Founder Says Bitcoin Dominance Is Irrelevant

2021-9-19 13:14

The Bitcoin dominance metric shouldn’t concern you (unless you a billionaire) origin »

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bitcoin dominance shouldn metric concern billionaire unless

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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