Bitcoin Dominance Hits 2 Year High But Could be Facing Resistance

2019-9-3 07:00

This year has been all about Bitcoin. Even the handful of altcoins that have made good gains are now losing them as BTC crushed them all with its increasing market share. Bitcoin Dominance at 2 Year High According to charts on Tradingview.

com BTC dominance topped 72. 5 percent today. Its recent move back into five figures. . .

The post Bitcoin Dominance Hits 2 Year High But Could be Facing Resistance appeared first on NewsBTC.

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Источник: newsbtc.com

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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

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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Is 70% the Limit for Bitcoin Dominance?

Cryptocurrency market analyst Mati Greenspan has speculated that the current levels of Bitcoin dominance versus the rest of the cryptocurrency market might be the highest they will ever reach. He reasons that the last time Bitcoin dominance was as high as it is now, there wasn’t even a “developed market” for non-Bitcoin crypto assets.

Altcoins Dipping into Bitcoin’s Market Share Dominance

Over the last year Bitcoin has  been losing ground to a maturing altcoin market.  Startups that issued ICOs in the last few years are now moving to the phase of delivering working blockchain protocols and momentum has swung in their favor according to these charts presented by Fakhan of Cryptodaily.