Bitcoin Dominance At Risk Of Crash To 40%, Why This Is Good For Ethereum, XRP, And Altcoins
6 Articles
6 Articles
XRP, ETH & SOL Institutional Funds Record Inflows, BTC Plummets
Crypto assets extended losses last week as sell pressure gripped investors. Overall, institutional sales remained strong due to high Bitcoin (BTC) numbers, although altcoins traded in the opposite direction. Analysts expect a surge in altcoins like XRP, Solana (SOL), and Ethereum (ETH) with the influx of fresh institutional capital. This month, the wider market has traded sideways, wiping out previous gains. Altcoins Outpace Bitcoin Data from Co…
Bitcoin Dominance Could Drop To 40% - TECHTELEGRAPH
14h05 ▪ 3 min read ▪ by Fenelon L. Bitcoin dominance in the crypto market is approaching a historic resistance level that has previously triggered major reversals. According to a technical analysis published on TradingView, BTC’s market share could collapse to 40% in the coming months, potentially paving the way for a new altcoin season. In Brief Bitcoin dominance has reached 63.2% of the crypto market, its highest level this year. Technical …
Bitcoin vs Ethereum: Which Crypto Giant Will Dominate the Future
Bitcoin vs Ethereum: Which Crypto Giant Will Dominate the Future The cryptocurrency market is never static, driven by technological innovation, excitement among investors, and changing economic dynamics. There are two titans of the universe that dominate the arena—Bitcoin and Ethereum. Both represent a specific vision of finance in the contemporary world. Bitcoin is the first cryptocurrency and safe-haven asset, whereas Ethereum is praised for i…
Investors Shift Focus to Altcoins as Bitcoin Dominance Decli
Bitcoin's dominance ratio declines, shifting focus to altcoins. Recent market data suggests a potential altcoin season ahead. Continue Reading:Investors Shift Focus to Altcoins as Bitcoin Dominance Declines The post Investors Shift Focus to Altcoins as Bitcoin Dominance Declines appeared first o...
Bitcoin Dominance At Risk Of Crash To 40%, Why This Is Good For Ethereum, XRP, And Altcoins
The Bitcoin dominance in the cryptocurrency market is inching dangerously close to a long-term resistance level that has triggered major reversals in the past. This resistance level is highlighted on the weekly BTC.D candlestick timeframe chart. Each time the dominance taps this descending trendline, it struggles to break through and eventually tumbles. Notably, Bitcoin’s dominance is now back around this resistance, and a technical outlook pos…
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