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Bitcoin dominance drop and resistance at $55K stoke altseason hopes
27.4.2021
Ethereum's new all-time high, a drop in Bitcoin’s dominance rate and overhead resistance at $55,000 have analysts predicting that an altcoin season is at hand
Bitcoin Dominance In Payments Drops Amid Dogecoin, Altcoins Surge - BitPay
27.4.2021
Major crypto payment processor BitPay has reported the share of bitcoin (BTC) in their payments was the lowest last week, as altcoins such as dogecoin (DOGE), have been gaining traction, according to Sonny Singh, the company’s Chief Commercial Officer (CCO).
“BitPay processes over a billion dollars...
Bitcoin dominance teeters at 50% as ETH, altcoins gain traction
25.4.2021
The Bitcoin dominance index has collapsed by 20 percentage points since the start of 2021. ETH, BNB and more speculative altcoin bets have seen their dominance rise over the same period
Ripple’s Chris Larsen Believes Bitcoin Dominance Could Fall Over Proof-of-Work’s Energy Consumption
25.4.2021
Ripple Labs cofounder Chris Larsen has a bone to pick with bitcoin and crypto networks that leverage proof-of-work (PoW). Larsen’s latest write-up explains that the crypto industry needs to reconsider PoW because of the effects on the environment. The Ripple executive believes that other...
Bitcoin’s Market Dominance Slides to 50%, While Ethereum’s Valuation Climbs Higher
24.4.2021
Bitcoin dominance, the metric that measures bitcoin’s overall market capitalization against all the other crypto asset valuations has dropped considerably in recent weeks. At the end of February, bitcoin dominance levels started sliding downward from 61% to today’s 50%. Meanwhile, from...
Bitcoin dominance is about to drop below 50% for the first time in 3 years
22.4.2021
A weakening Bitcoin presence could give altcoins the moonshot they have waited for for three years
When 'alt season?' Now, says analyst as Bitcoin dominance hits 6-month low
29.3.2021
Altcoins are stepping into the spotlight as Bitcoin comes down from months of all-time highs, but can conditions stay favorable for long?
Market Wrap: Bitcoin Stays in Tight Range but Gains Dominance as XRP Crumbles
24.12.2020
With XRP’s sell-off, bitcoin’s dominance increases. However, the derivatives market hints at more volatility ahead for the world's leading cryptocurrency
Bitcoin dominance hits 1-year peak amid XRP sell-off as $24K briefly returns
23.12.2020
Bitcoin sees major volatility and a tussle between bullish and bearish levels while altcoin traders feel the pain of an XRP sell-off
Bitcoin Touches $17K Price Zone, BTC Dominance Levels High, Altcoins Still Way Behind
17.11.2020
On November 17, the price of bitcoin touched another 2020 all-time high (ATH) when the crypto asset surpassed the $17k price zone on Tuesday. Bitcoin dominance has risen higher during the last few months and currently hovers at 65% this week. Despite the massive rise in bitcoin value during...
‘Alt-season’ abruptly ends as Bitcoin dominance rises near quarterly close
17.9.2020
Bitcoin price is gathering strength as its dominance rate bounced from recent lows, possibly bringing a close to the altcoin season
3 reasons why the Bitcoin dominance metric is a flawed indicator
9.9.2020
Bitcoin dominance rate is a metric cited by many when forecasting altcoin and BTC rallies but is the indicator reliable?
Bitcoin Dominance Slides Losing 10% in the Last 100 Days
6.9.2020
Bitcoin’s Dominance Index has slid 10% from a high of 67% on May 10, to a low of 57% today. Despite the defi market shakeout, ethereum still captures 10% of the aggregate market capitalization of $330 billion. There’s been a number of changes in the top ten line up of coins, as bitcoin...
Ethereum Hits 2-Year High, ETH Fees at All-Time High, Bitcoin Dominance Slips
14.8.2020
Ethereum (ETH), the 2nd largest cryptoasset by market capitalization, rallied in the last hours of Thursday, reaching a level last seen in August 2018, while transaction fees reached a new all-time high.
At pixel time (03:53 UTC), ETH trades at USD 421 and is up by 7% in a day and 6% in a week...
Bitcoin Dominance Slides to 12-Month Low as Crypto Market Cap Tests Resistance
7.8.2020
Bitcoin’s dominance has fallen to a 12-month low despite its recent rally, signaling renewed strength in the altcoins markets
Bitfinex Now Has a Derivatives Contract Offering Exposure to Bitcoin Dominance
8.5.2020
Bitfinex says the perpetual swap provides investors with a less volatile form of exposure compared to a plain-vanilla bitcoin futures contract
Bitfinex Derivatives Launches Bitcoin Dominance Perpetual Swaps
6.5.2020
The derivatives platform for Bitfinex cryptocurrency exchange is launching a new perpetual swaps product today that enables traders to speculate on Bitcoin dominance
Bitcoin Dominance Surges as Altcoins Extend Sell-Off
26.2.2020
After nearly all cryptoassets fell yesterday, leading to bitcoin’s safe-haven status being questioned in the community, a fresh wave of selling again hit the market on Wednesday. This time, it’s the altcoins that are taking the worst hit.
As of press time on Wednesday (10:30 UTC), bitcoin (BTC)...
Bitcoin Dominance 6-Month Low Doesn’t Mean Price Is ‘Ultra-Bearish’
22.2.2020
Bitcoin can even drop to $8,800 and remain a bullish play, one analyst thinks
Crypto Market Cap Hits $300 Billion But Bitcoin Dominance Down 6% YTD
12.2.2020
The crypto market cap reaches a new milestone at $300 billion but will traders be able to hold $10.3K?