Bitcoin dominance falls under 40%

While Bitcoin critics claim this means that BTC is losing its first-mover competitive advantage, others are anticipating the “altcoin season” is just around the corner, or might even be already underway.

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XRP’s Rise Causes Ripple of Gains in Crypto Economy

Since July 12, 2023, the cryptocurrency market has expanded by a staggering $60 billion within a mere 48 hours. The majority of this growth transpired after the decisive Ripple Labs case verdict, resulting in bitcoin’s dominance dipping from 50% to its present level of 48.6%. Ripple Labs Case Verdict Triggers $60 Billion Crypto Market Expansion [...]

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Ether poised to outperform Bitcoin: Bybit

Bybits November market report points toward Ethereum gaining traction as Bitcoin dominance fades.

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Bitcoin Price Correction Triggers $296 Million In Liquidations Can BTC Still Hit ATH?

Bitcoin (BTC) has had a volatile 24 hours, hitting as low as $68,830 on the Binance crypto exchange before recovering some losses. Liquidation Data At A Glance Although BTC is trading close to its all-time high (ATH) value of $73,737, yesterday’s quick drop in price cast doubts on whether the top digital asset will be [...]

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Bitcoin Dominance Soars to 47.5%: Highest Level in a Year as Other Crypto Assets Suffer

On June 10, 2023, bitcoin is dominating with a market capitalization dominance of 47.5%, marking its highest level since this time last year, according to coinmarketcap.com. Meanwhile, ethereum’s dominance is holding steady at 20%, indicating that the recent dominance gains made by these two crypto assets have come at the expense of other digital currencies. [...]

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