Bitcoin Dominance Surges, Accounting For Nearly Half of The $1T Crypto Market, Amid Altcoin Selloff

📆 10/06/2023 18:56:00
📰 CoinDesk

⏱ Reading Time:
14 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 63%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Bitcoin's dominance rate spiked early Saturday as crash in alternative cryptocurrencies triggered a flight to safety. reports godbole17.

Meanwhile, bitcoin lost just 3%. The relative outperformance perhaps stemmed from increased haven demand – investors moving money out of altcoins and into bitcoin, the world's largest and most liquid cryptocurrency.

"Bitcoin's relative dominance mooning amid altcoin market sell-off. Flight to majors ," pseudonymous crypto trader and analyst @52kskew tweeted.BTC's dominance rate has been steadily rising since November and surged during the March U.S. banking crisis.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Écrire un Commentaire

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Bitcoin (BTC) Dominance on the Rise as Cardano (ADA) Slips 4% (Market Watch)Aside from ADA, ATOM, GRT, and FIL have also dropped hard in the past 24 hours.
La source: Crypto_Potato - 🏆 568. / 51 Lire la suite »