News Formal

Bitcoin Dominance Reaches 4-Month Peak as Altcoins Lose Momentum (Market Watch)

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Crypto Blog

Although BTC’s price movements have been quite boring over the past 48 hours, the asset’s dominance over the market has increased to 50% – the highest since June.

The following few days were less volatile before the cryptocurrency started pumping once again on Thursday. However, the bears intercepted the move and pushed the asset south hard. By Friday, bitcoin had declined to $27,200 after failing to conquer the $28,000 level. This includes minor price drops from the likes of Ethereum, Binance Coin, and Polkadot and slightly bigger declines charted by XRP, SOL, DOG, MATIC, LTC, and BCH.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 568. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BTC Flirts With $28K as Bitcoin Dominance Nears 50%: Market WatchCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Green Choices in the Crypto Market Bitcoin and Bitcoin SparkBitcoin (BTC) and Bitcoin Spark (BTCS) have made waves in recent times, with their prices painting green
Source: Utoday_en - 🏆 295. / 63 Read more »