Bitcoin (BTC) is experiencing a significant downturn, trading below key support levels and losing over 19% of its value since March began. This price drop has heightened fears among investors, coinciding with global trade war concerns and a shaky stock Market. Despite this decline, Bitcoin’s Market dominance continues to rise, reflecting its perceived stability compared ...
Bitcoin is currently facing challenges as it trades below critical support levels, having lost over 19% in value since March began. This significant downturn has raised concerns among investors about a potential further drop. Despite this decline, Bitcoin is still gaining Market dominance, outshining altcoins and being seen as a safer investment during this turbulent ...
Cryptocurrency trader Willy Woo recently addressed the crypto community about Bitcoin’s dominance in the Market. As of February 17, Bitcoin’s share of the overall Market capitalization reached about 60.6%. This followed a notable increase after a dip in dominance during 2017 when it fell to 41%. Factors contributing to Bitcoin’s recovery include the launch of ...
Bitcoin experienced a 5% drop after President Trump’s inauguration speech, which did not address cryptocurrency, disappointing investors who hoped for positive comments about Bitcoin or crypto policies. Despite an early surge to an all-time high of $109,000, Bitcoin subsequently fell to around $103,000 and remains under pressure as the wider crypto Market declined by 4.2%. ...
Bitcoin currently holds a significant dominance over Ethereum, with Bitcoin’s Market dominance at over 56% compared to Ethereum’s 12.8%. Both cryptocurrencies have recently hit notable price milestones, but Bitcoin, having reached an all-time high, shows a stronger promise for future growth. Although Ethereum has potential for a rally, especially with an anticipated altcoin season that ...
