Tag Archives: bitcoin dominance

Retail Surge Sparks Bearish Outlook As Bitcoin Dominance Declines

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The cryptocurrency market’s recent dominance by Bitcoin has decreased below 50%, indicating a potential adverse trend as retail activity increases. This change prompts inquiries regarding market dynamics and investor sentiment. Bitcoin’s dominance has been a critical indicator of whether the market is in a bull or negative cycle throughout history. As Bitcoin’s dominance is growing,… Continue reading Retail Surge Sparks Bearish Outlook As Bitcoin Dominance Declines→

Bitcoin Dominance Hits New Cycle High Of 58.9%, More Pain Before Altcoin Season?

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As Bitcoin (BTC) inches closer to $70,000, its dominance in the wider crypto market has risen to a cycle high of 58.9%. Bitcoin Dominance Rises, Are Altcoins In Trouble? Bitcoin dominance (BTC.D), a metric that measures the proportion of the total cryptocurrency market cap commanded by the leading digital asset, has hit a new cycle… Continue reading Bitcoin Dominance Hits New Cycle High Of 58.9%, More Pain Before Altcoin Season?→

RIP Altcoin Seasons? Crypto Analyst Debates Whether They’ll Ever Return

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In an analysis shared on X, crypto analyst Astronomer (@astronomer_zero) delves into the question that’s been looming over the crypto community in recents months: “Will we never have a proper altcoin season again?” As Bitcoin’s dominance (BTC.D) continues to surge and altcoins struggle to keep pace, Astronomer provides a data-driven perspective challenging the prevailing narratives… Continue reading RIP Altcoin Seasons? Crypto Analyst Debates Whether They’ll Ever Return→

Ethereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk?

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Today’s Ethereum-Bitcoin (ETH/BTC) trading pair slid below 0.04, a level last seen in April 2021. The declining ETH/BTC ratio could have multiple implications for the wider altcoin market. Altcoins Might Suffer Due To Weak Ethereum One of the key indicators to gauge the resiliency of the altcoin market is the ETH/BTC ratio. The ratio essentially… Continue reading Ethereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk?→

Altcoins About To Take Over? Analyst Suggests Time To Accumulate Will End Soon

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With only a few weeks before Q4 begins, investors and market watchers remain vigilant of the market’s performance. Many expect the next quarter will kickstart the rally’s second leg up, suggesting that most altcoins will explode in the coming months. Several analysts are bullish about the upcoming performances, hinting that the time to accumulate these… Continue reading Altcoins About To Take Over? Analyst Suggests Time To Accumulate Will End Soon→

Bitcoin Sellers Running Out Of Coins As Dominance Hits 3-Year High

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Bitcoin’s dominance. Bitcoin Seller Exhaustion Is At Its Peak In an X (formerly Twitter) post, Rekt Capital mentioned that “the sell-side volume has reached and even dramatically eclipsed Seller Exhaustion levels seen at previous price reversals to the upside.” The analyst added that Bitcoin hasn’t seen this level of sell-side volume since the Halving event… Continue reading Bitcoin Sellers Running Out Of Coins As Dominance Hits 3-Year High→

Bitcoin Dominance: Traders Preferring The OG To Dogecoin & Other Altcoins

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On-chain data suggests Bitcoin has recently experienced an influx of investors while Dogecoin, Cardano, and other altcoins have seen a slowdown. Bitcoin Total Amount Of Holders Rise While Altcoins See Flat Movement According to data from the on-chain analytics firm Total Amount of Holders,” which keeps track of the total number of addresses on a… Continue reading Bitcoin Dominance: Traders Preferring The OG To Dogecoin & Other Altcoins→

Increased Bitcoin ETF Adoption Propels BTC Dominance To Highest Level Since 2021

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Bitcoin’s dominance within the cryptocurrency market has reached a three-year high, signaling strong demand for US spot Bitcoin ETF holding the largest digital asset and a challenging period for smaller tokens. Bitcoin accounted for nearly 55% of the $2.4 trillion digital asset market at the end of last week, a level not seen since April… Continue reading Increased Bitcoin ETF Adoption Propels BTC Dominance To Highest Level Since 2021→