Bitcoin Dominance Breaks Down As Altcoins Begin to Rebound

2019-10-8 22:00

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.

But as Bitcoin dominance begins to break down from recent highs, altcoins have begun to show signs. . .

The post Bitcoin Dominance Breaks Down As Altcoins Begin to Rebound appeared first on NewsBTC.

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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