After grabbing the fintech world’s attention with an out-of-control rise to record prices, Bitcoin has been getting pounded this past week. 92% of altcoins have outperformed Bitcoin on the week. At the time of press, Bitcoin was down about 12% against the USD since its weekly open. This also marks a 25% drop from its […]Read More
Bitcoin (BTC) traded around $23,310 as of 19:00 UTC (2 p.m. ET), slipping 1.3% over the previous 24 hours. Bitcoin’s 24-hour range: $22,644.56 – $23,672.82 (CoinDesk 20) Derivatives market hints at more volatility ahead. With XRP’s sell-off, bitcoin’s dominance of the crypto market increases. Bitcoin prices, Dec. 23 – Dec. 24, 2020.Source: CoinDesk A mere […]Read More
The world’s pioneer cryptocurrency has bounced back to glory after the DeFi summer stole much of the limelight. Bitcoin’s dominance rises to 68% As per data on tracking site CoinMarketCap, Bitcoin’s market share dominance is now at 66% after a long “DeFi summer” and a mini-alt season in October. These levels were last seen in […]Read More
Unlike what many traders expected, the past few weeks and months have been all about Bitcoin. While certain altcoins have enjoyed strong rallies, BTC has consistently moved higher, resulting in a long-awaited correction in the Bitcoin dominance metric. Per CoinMarketCap, the metric is up from the lows of 55 percent seen in the summer to […]Read More
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