Matrixport: Bitcoin's dominance reaches a new cyclical high, the altcoin season has not yet arrived
News on September 3rd, Matrixport released a chart report indicating that there are always opportunities for bull markets in the market. Although cryptocurrencies have experienced a typical summer downturn, Bitcoin's dominance has reached a new high in the cycle. This means that the altcoin season has not yet arrived, but it reflects the market's strong preference for Bitcoin. For the entire industry, Bitcoin remains a reliable pillar. Since digital currency was born 15 years ago, Bitcoin has proven its tenacious vitality. Whether it is a bear or bull market, this stability is always an anchoring force in the market, especially when trading volume remains strong.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
"Big Brother Machi" Holds Over $4.7 Million in Unrealized Profits on Ethereum Long Positions
Ethereum Needs Just a 1% Increase to Surpass Its All-Time High
Solana to Launch Alpenglow Vote Next Week, DeFi Developer Announces Support
Trending news
MoreCrypto prices
More








