Bitcoin Hashrate Flying High, Bitcoin Dominance Up, What’s Next For Crypto?

Bitcoin Hashrate Flying High, Bitcoin Dominance Up, What’s Next For Crypto?
фото показано с : cryptodaily.co.uk

2018-9-18 13:30

Whilst the markets continue to look bleak, we should find some solace in the fact that Bitcoin dominance is flying high and so is the Bitcoin hashrate. Okay, these aren’t signs that a bull run is about to take off, however, they are very positive signs nonetheless.

At the time of writing, Bitcoin is valued at $6,286. 53, down 3. 07%.

Bitcoin dominance currently sits at 56. 4%, nearing the 59% – 65% dominance rate seen during December and January, when a Bitcoin surge up to $20,000. 00 pulled up the value of the markets significantly.

Continue reading Bitcoin Hashrate Flying High, Bitcoin Dominance Up, What’s Next For Crypto? at Crypto Daily™.

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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


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Here’s Why the Bitcoin Dominance Index Based on Market Capitalization Might Not Mean Much

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