Bitcoin's market share briefly exceeded 65%, reaching a new high since February 2021
according to TradingView data, today's Bitcoin dominance (BTC.D) has risen to 64.86%, breaking through 65% in the short term, reaching a new high since February 2021. The high Bitcoin dominance indicates the silence of the altcoin market, but also suggests that a market rebound is imminent. According to historical data, when Bitcoin dominance surged above 60% in November last year, the altcoin market started a small bull market. In 2019 and 2021, Bitcoin dominance has reached highs above 70%, followed by a general uptrend.
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
Sam Altman’s Worldcoin has started using eye-scanning kiosks in several UK cities
Sony’s Layer-2 Blockchain Soneium Unveils Gaming Incubator
XRP Recovers, Cardano Faces Resistance, and BlockDAG’s X1 Miner App Hits 1.5M Users As Early Adoption Skyrockets
XRP sees steady recovery and Cardano stays under pressure, but BlockDAG’s 1.5M active miners may signal a high-growth crypto in the making. Discover why BDAG could become a top 10 crypto by 2025.BlockDAG’s X1 Miner Surpasses 1.5 Million Users as Adoption Surges Pre-LaunchCardano (ADA) Bearish Pattern May Mask Underlying Setup for RecoveryFinal Analysis
BlockDAG’s $0.0018 Price Shakeup: Is This the Best Crypto to Buy in 2025 Before Time Runs Out?
BlockDAG slashes presale price to $0.0018, its lowest since Batch 1. With $290M already raised and a $0.05 launch target, the top crypto to buy in 2025 might just be this one. Offer ends June 13.Back to the Start: Lowest Pricing Since Batch 1 and Possibly the Final TimeWhy $0.05 Is Just the Start: The ROI Case That’s Capturing AttentionScarcity Heats Up as June 13 Deadline NearsFinal Thoughts: A Second Chance That Rarely Comes in Crypto
Trending news
MoreCrypto prices
More
