Auto Added by WPeMatico

This Surging Bitcoin Metric Suggests Altcoin Season Is Upon Us

Following a months-long tug-of-war between bulls and bears, Bitcoin Dominance, a metric tracking BTC’s market share relative to the entire crypto market, has surged to 64%. According to crypto analyst…

Continue ReadingThis Surging Bitcoin Metric Suggests Altcoin Season Is Upon Us

Bitcoin Dominance at 60%: Why This Time It’s Way More Impactful Than in 2021

Bitcoin’s dominance in the cryptocurrency market has recently surpassed 60%, a level that hasn’t been seen since 2021. However, this time, the significance of that 60% dominance is far greater…

Continue ReadingBitcoin Dominance at 60%: Why This Time It’s Way More Impactful Than in 2021

Here’s How a High Bitcoin Dominance Can Trigger a Strong Altseason

Based on past market data, the altcoin season starts when Bitcoin’s dominance begins to drop. This shows that crypto traders have begun withdrawing their capital from BTC and investing in…

Continue ReadingHere’s How a High Bitcoin Dominance Can Trigger a Strong Altseason

Here’s Why Bitcoin Dominance is Less Likely to Decline Soon And What It Means for Altcoins

Despite bitcoin’s price turmoil over the past week, Ki Young Ju, the founder and CEO of the market analytics platform CryptoQuant, believes the leading digital asset’s dominance is less likely…

Continue ReadingHere’s Why Bitcoin Dominance is Less Likely to Decline Soon And What It Means for Altcoins

Crypto market cap hits $3.1T high, could soon surpass France’s GDP

If the crypto market were a country, it would be the eighth largest in GDP terms behind the United States, China, Germany, Japan, India, the United Kingdom and France.

Continue ReadingCrypto market cap hits $3.1T high, could soon surpass France’s GDP

Is It Really a Bull Market? These Crypto Companies Laid Off Employees In a Week

Bitcoin (BTC) is trading a few thousand dollars below its all-time high (ATH) of $73,750, and the global cryptocurrency market cap has increased to $2.46 trillion this year, but digital…

Continue ReadingIs It Really a Bull Market? These Crypto Companies Laid Off Employees In a Week

Analysts Anticipate Altcoin Outperformance and Bullish Q4

Bitfinex’s analysts anticipate a potential shift in cryptocurrency market dynamics. With bitcoin’s dominance decreasing and altcoins showing resilience, they suggested that altcoins could outperform bitcoin in the coming months, especially…

Continue ReadingAnalysts Anticipate Altcoin Outperformance and Bullish Q4