Bitcoin dominance hits 6-month lows as metric proclaims new ‘alt season’
BTC currently makes up 41% of the total crypto market cap — its smallest market share since January.
Auto Added by WPeMatico
BTC currently makes up 41% of the total crypto market cap — its smallest market share since January.
Significant whale activity between $22,000 and $24,800 adds to the complexity of the current spot market setup.
Optimism and expectations increase around crypto markets, but U.S. inflation data looms large this week.
BTC/USD could hit $30,000 if the current daily trend of higher highs and lows continues, one trader says as the market avoids weekend losses.
The rise in the ETH/BTC pair is painting a bearish technical pattern, hinting at a potential correction.
BTC price action stays in familiar territory as analysts discuss the true nature of estimate-beating payroll data.
A push towards the top of the intraday trading range places Bitcoin in line for a bull flag on daily timeframes.
BTC price bulls fail to take the market higher as the week continues, but buyer interest is giving hope.
Signals that Bitcoin is in classic capitulation mode are everywhere, and each is a "rare event," says Capriole's Charles Edwards.
Poor earnings coupled with overvalued fundamental metrics pose long-term bearish risks for MSTR.