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The Bitcoin dominance index could start falling again if the price of Ethereum can pare its 5% losses versus BTC year-to-date. Go to Source Powered by WPeMatico
ETH/BTC dropped below its 200-day exponential moving average for the first time since March 2020, raising risks of more downside. Go to Source Powered by WPeMatico
In the cryptocurrency world, there are numerous interesting statistics which should never be overlooked. The Bitcoin Dominance Index, while not necessarily a market trend indicator, has quite a lot of merit to it. There is no denying Bitcoin will remain the world’s leading cryptocurrency for some time to come, as it is valued significantly higher … Read more
This day might be remembered in the history books as a major milestone for cryptocurrency diversification or as another colossal indicator of the altcoin bubble. There are now three cryptocurrencies with over a $100 billion market cap each. Bitcoin, ethereum (ETH) and ripple (XRP) are worth today a combined total of about half a trillion … Read more
Despite being one of the most amazing periods of sustained gains for bitcoin, 2017 ends with the first cryptocurrency losing market share to altcoins. After falling as low as 37.9% in the last two days of 2017, the market dominance of bitcoin now stands at just 38.2% as of this writing on the first day … Read more
