Bitcoin dominance surges to 60% amid crypto market downturn

Aug 5, 2024 · Bitcoin dominance, a term used to describe the total market share that bitcoin maintains relative to other cryptocurrencies, has surged to a yearly high amid a wider pullback …

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Bitcoin Dominance Surges To 60% Amid Crypto Market Downturn

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Aug 5, 2024 · Bitcoin dominance, a term used to describe the total market share that bitcoin maintains relative to other cryptocurrencies, has surged to a yearly high amid a wider pullback …

theblock.co

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Bitcoin Dominance Rises To 60% As Altcoins Falter | CryptoSlate

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Dec 20, 2024 · The recent downturn in the crypto market, marked by significant losses for major altcoins like Ethereum, Solana, and XRP, is driving investors back to Bitcoin.. Data from …

cryptoslate.com

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Bitcoin Dominance Set To Surge: Analyst Predicts Major Market Shift

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Jul 14, 2024 · Crypto analyst Benjamin Cowen reveals why Bitcoin dominance is poised to hit 60% by December 2024. Discover his detailed analysis of market trends, historical patterns, …

cryptoglobe.com

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Bitcoin Dominance Hits 60% Amid Widespread Market Decline

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Aug 5, 2024 · Bitcoin dominance hits 60% amid sharp declines in crypto and equity markets, signaling major shifts in investor strategies. ... After depressing job data on Monday, U.S. …

cryptotimes.io

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Bitcoin Is Close To 60% Dominance: Will The Rise Continue?

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Oct 27, 2024 · A historic rise of Bitcoin dominance. On Wall Street, analysts are carefully observing the spectacular progression of Bitcoin's dominance since its lowest of 38.84% in …

tremplin.io

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Bitcoin Dominance Holds Strong Amid Market Volatility As Altcoins ...

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Oct 31, 2024 · Bitcoin Dominance is back above 60% and continues to show strength. Although RSI made a slightly higher local high, it hasn’t yet surpassed the recent high of 81.98 from mid …

kitco.com

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Bitcoin (BTC) Dominance Hits 60 Despite Major Price Reversal

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Nov 3, 2024 · Recently Bitcoin's market dominance reached 60%, indicating a major change in market dynamics and a reversal of trends that have shaped the industry for years. Bitcoin has …

cryptonews.net

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Is Bitcoin Dominance Surge To 60% By Year-end Realistic?

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Dec 13, 2024 · At press time, Bitcoin’s dominance sits at 57.1%. But the million-dollar question remains: is it realistic to expect that number to push to 60% by December? Bitcoin dominance, …

cryptopolitan.com

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Bitcoin Dominance Reaches 60% As Crypto Market Faces Decline

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Aug 5, 2024 · Bitcoin's market dominance has surged to 60%, a significant increase indicating its strong position in the cryptocurrency landscape. This rise occurs alongside a general downturn …

livarava.com

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Bitcoin Dominance Soars To 59.2%: Are Altcoins On The Decline?

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Oct 26, 2024 · Bitcoin’s market dominance surges as investors favor it over struggling altcoins, hinting at a pivotal shift in the crypto landscape. ... Bitcoin Dominance Nears 60%. BTC’s …

dailycoin.com

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Bitcoin Dominance Rises To 60% Amid Crypto Market Slump

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Aug 5, 2024 · According to Odaily, Bitcoin 's dominance in the cryptocurrency market has surged to 60% during a period of market downturn. This marks an increase of 9 percentage points …

binance.com

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Bitcoin Dominance Nears 60%: How Will It Impact Altcoins?

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Oct 28, 2024 · Bitcoin dominance approaches 60% amid rising volatility, suggesting a near-term bullish outlook. What does this mean for altcoins? In just over two weeks, Bitcoin [BTC] …

ambcrypto.com

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Bitcoin’s Market Dominance Soars To 60%: What It Means For …

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Sep 3, 2024 · TL;DR. Bitcoin’s Market Dominance: Bitcoin’s market share has surged to nearly 60%, driven by increased interest from major financial institutions and its resilience post-2022 …

thecryptocurrencypost.net

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Bitcoin (BTC) Plunges To $90,600 Amid Declining Whale Activity: …

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2 days ago · For instance, Bitcoin dropped from $1,185 to $800 in January 2017 and from $42,000 to $28,000 in January 2021. Hence, this year’s drop from $103,000 aligns with these …

cryptopotato.com

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#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

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2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

youtube.com

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#MicroStrategy Hits 446,400 BTC Despite Stock Slump - YouTube

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MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

youtube.com

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Romanian Duo Charged In $289K Bitcoin-For-Fake-Gold ... - Daily …

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Dec 6, 2024 · Romanian Duo Charged in $289K Bitcoin-For-Fake-Gold Cryptocurrency Scam In Bergen County A year-long investigation has led to charges against two Romanian men …

dailyvoice.com

FAQs about Bitcoin dominance surges to 60% amid crypto market downturn Coupon?

Does bitcoin have a market dominance?

Data from TradingView reveals that Bitcoin’s share of the overall crypto market has climbed 6% in the past week, standing just below 60% at press time. Graph showing Bitcoin’s market dominance from Dec. 14 to Dec. 20, 2024 (Source: TradingView) ...

Is bitcoin dominance a flight to safety?

Bitcoin dominance has risen as a result, indicating a flight to safety among investors. Graph showing the altcoin season index from December 2023 to December 2024 (Source: Blockchaincenter) Analysts now suggest that the alt season might have ended, with the Altcoin Index dropping to 43 as of Dec. 20. Oluwapelumi values Bitcoin's potential. ...

Is bitcoin a 'altseason'?

This rebound is notable, as Bitcoin dominance had dipped to around 55% following Donald Trump’s election victory in November. At the time, many analysts predicted the beginning of an “altseason.” This phase is characterized by altcoins outperforming Bitcoin as traders reduce their Bitcoin exposure to capitalize on high-liquidity altcoins. ...

Are altcoins outperforming bitcoin?

At the time, many analysts predicted the beginning of an “altseason.” This phase is characterized by altcoins outperforming Bitcoin as traders reduce their Bitcoin exposure to capitalize on high-liquidity altcoins. During this period, the Altcoin Index hit a yearly high of 90, reflecting strong capital flow into alternative digital assets. ...

Why is the crypto market a flight to safety?

However, recent policy adjustments by the Federal Reserve have caused sharp price declines across the crypto market. Bitcoin dominance has risen as a result, indicating a flight to safety among investors. Graph showing the altcoin season index from December 2023 to December 2024 (Source: Blockchaincenter) ...