Bitcoin, Ethereum Technical Analysis: BTC Climbs to 2-Week High on Tuesday, Rising Above $27,000 – Market Updates Bitcoin News

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Bitcoin, Ethereum Technical Analysis: BTC Climbs to 2-Week High on Tuesday, Rising Above $27,000 – Market Updates Bitcoin News
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BTC briefly moves above $27,000, hitting a two-week high on Tuesday.

 

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Bitcoin reaches 50% market dominance for first time in 2 yearsBitcoin reaches 50% market dominance for first time in 2 yearsBitcoin accounted for 50% of the total value of the entire crypto market for a brief moment on June 19, as increasing regulatory scrutiny of other cryptocurrencies sent investors piling back into BTC. This means that BTC alone accounts for half of crypto’s total $1.1 trillion dollar market capitalization. Bitcoin’s current market capitalization stands at $519 billion, according to data from Coingecko.
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