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
[Initial listing] Bitget to list MAGNE.AI (MHA)
CandyBomb x DGAI (Episode 2): Trade to share 50,000 USDT
CandyBomb x MCAT: Trade to share 60,000 USDT
8 years of companionship, the story continues.
Crypto prices
More
