bitcoin dominance

According to Kaiko, bitcoin dominance has fallen since Ripple's partial court victory against the SEC. BTC dominance across the top 25 centralized exchanges is currently at 27%, which is the lowest level since April. CoinDesk's Jennifer Sanasie explains why this is causing the altcoin markets to rally in "Chart of the Day."

Hul 24, 2023

By Nathaniel WhittemoreDis 11, 2022

Bitcoin (BTC) is dipping slightly below $20,000 after the Ethereum Merge was completed Thursday. With bitcoin’s dominance also slipping to 40%, many are suggesting that ether (ETH) could one day surpass bitcoin in market cap. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Set 15, 2022

CoinDesk Markets Reporter Damanick Dantes shares insights into trends in bitcoin’s price as the cryptocurrency’s dominance over the crypto market soars and investor interest in the alts wanes. Plus, the bitcoin-stock market decoupling and BTC’s support/resistance levels to watch.

Hun 1, 2022

Forex.com Global Head of Research Matt Weller breaks down bitcoin’s MVRV (market-value-to-realized-value) ratio, discussing why we could be in for more pain in BTC and the wider crypto ecosystem before a solid bottom forms. Plus, insights into BTC’s Mayer Multiple and dominance charts, and what they reveal about the cryptocurrency’s next move.

May 31, 2022

Bitcoin is poised to extend its losing streak to a record eight weeks. "All About Bitcoin's" Week in Review panel discusses this week's biggest bitcoin news, including the Fed's hawkish remarks, bitcoin dominance soaring to 7-month highs, price levels to watch, the Terra crash and bitcoin mining.

May 20, 2022

Bitcoin dominance, a measure of BTC's percentage of total crypto market capitalization, is advancing 1% today and is up ~10% since the collapse of Terra's LUNA and UST. What does this mean for bitcoin's bull case? "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

May 19, 2022

Chainalysis Co-founder & CEO Michael Gronager discusses the on-chain trends his firm is tracking for insights into UST unravelling. What does the data tell us about the role of institutional investors in UST’s collapse and the wider crypto markets? Plus, BTC dominance, Chainalysis raising $170 million doubling its valuation to $8.6 billion and more.

May 12, 2022

Bitcoin (BTC) was trading in a tight range between $43,000 and $44,000 over the past 24 hours. Support is nearby, which could limit pullbacks over the short term, CoinDesk’s Markets Analyst Damanick Dantes explains. He adds that traders are looking forward to March’s pending rate hikes by the Federal Reserve.

Peb 17, 2022

Bitcoin suffered its worst first week of the year since 2017 as it dipped to a three-month low. CoinDesk's Managing Editor of Markets Brad Keoun explains the macro factors behind the dip. On top of that, CoinDesk Research's 2021 Annual Review found bitcoin dominance compared to other cryptocurrencies was lower than it has been since 2017. CoinDesk's Managing Editor of Technology, Christie Harkin, points out that the idea of bitcoin winning and or losing is "not a healthy way to approaching it." Bitcoin's decreasing dominance shows a maturing of the space overall.

Ene 7, 2022