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Tag Archives: Bitcoin Dominance

DOGE Stays Strong As Leading Altcoins Crash Against Bitcoin Following Tesla’s BTC Purchase

Bitcoin’s price exploded to new highs following Tesla’s allocation of $1.5 billion in the cryptocurrency. BTC’s dominance also increased by about 1.5% as most altcoins crashed against their leader.Bitcoin Paints A New ATH And Expands DominanceNews broke out earlier today that the electric vehicle giant Tesla had purchased a total of $1.5 billion in bitcoin. The price of the asset reacted with a sharp price increase, in which BTC added about $6,000 of value in merely minutes.This resulted in...

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Bitcoin Tumbled $3500 In 24 Hours: Altcoins On The Rise As BTC Dominance Drops To 66%

Bitcoin’s bloody weekend continued with substantial price declines as the primary cryptocurrency dipped beneath $35,000, for the second time in 3 days. In contrast, remarkable gains for Cardano (ADA) and another all-time high for Polkadot have sent BTC’s dominance over the market to about 66%.Bitcoin Loses More Than $3K In 24HJust a few days after the Monday crash, in which BTC bottomed slightly above $30K, the cryptocurrency managed to recover most losses and even tried its hand at $40,000...

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Bitcoin’s Dominance Grows To 70% Following Massive Volatility Around $40K (Market Watch)

Bitcoin’s highly volatile price performance continued in the past 24 hours after breaking above $40,000 to a new all-time high and a subsequent massive drop beneath $37,000. Most alternative coins have retraced following the latest rally and have increased BTC’s dominance to about 70%.Bitcoin Falls After The $40K ATHApart from a brief dip beneath $29,000 on Monday, the primary cryptocurrency has been on a roll since the start of the year. Bitcoin bounced off immediately from the drop,...

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Total Crypto Market Cap Breaks The January 2018 ATH: Bitcoin Touches $33K

Shortly after bitcoin broke above its 2017 all-time high of $20,000, most of the cryptocurrencies followed with serious gains. Earlier today, the cumulative market capitalization of all digital assets overcame the previous high by surging north of $836 billion.According to data from one of the leading cryptocurrency monitoring resources, CoinMarketCap, the market cap reached somewhere around $834 billion during the parabolic price increase in 2017/2018.However, the recent bull run within the...

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Bitcoin Price Eyes $28,000 as BTC Dominance Marks 14-Month High (Market Watch)

Another day and another all-time high for bitcoin as the asset broke above $27,000 and even neared $28,000. Most alternative coins have failed to mimic BTC’s gains, and bitcoin’s dominance has exploded to above 70% for the first time since September 2019.New ATH For BTC At $27,900This year’s Holiday season has turned to be quite bullish for the primary cryptocurrency. Ever since December 24th, bitcoin has painted a new all-time high daily.After breaking above $25,000 and $26,000 in the past...

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Altcoin Season Brewing as Bitcoin Price Stalls and Dominance Takes a Beating (Market Watch)

Bitcoin’s volatility continued over the weekend with a few $1,000 moves taking it from a high of $18,800 to $17,700 and back. The altcoins, however, have kept their recent momentum going and have reduced BTC’s dominance over the market to about 63%.Bitcoin’s Volatile WeekendThe primary cryptocurrency displayed increased signs of volatility during the weekend. It started with charting a fresh yearly high on Saturday at nearly $19,000.After coming just inches away from breaking the 2017...

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Market Watch: Bitcoin Records Highest Ever Market Cap, ATH Price Next?

Following the recent roller-coaster that resulted in a few massive four-digit price movements, Bitcoin appears to have calmed north of the $18,000 price tag. The alternative coins also followed the volatility ride but have ultimately lost market dominance against BTC. More interestingly, Bitcoin has managed to reach an all-time high value in terms of its market capitalization, despite the price being lower than back in 2017. Bitcoin Calms After The Storm People use many words...

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Bitcoin Dominance At a 5-Month High as Altcoins Take a Beating (Market Watch)

Bitcoin marches confidently towards new yearly highs while most alternative coins have failed in pursuit. Consequently, BTC’s dominance over the market has climbed above 65%. Red Dominates The Altcoins On a 24-hour scale, most alternative coins have either decreased in value or remained stagnant. Ethereum initiated a leg up towards $470, but the bears didn’t allow any further increases. In fact, they drove ETH’s price south, and the second-largest cryptocurrency struggles at...

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As Bitcoin Rips and Altcoins Crash: Historically, What Are The Chances for Alt-Season?

Bitcoin has been surging in the past few weeks to consecutive yearly highs. Speculations emerged within the community if or when BTC will even surpass its 2017 ATH of nearly $20,000. At the same time, though, most alternative coins seemed to be dragging behind their leader. Bitcoin’s dominance highlights this – a metric that surged by nearly 7% in less than a month. As such, it would be compelling to follow how altcoins have performed in relation to Bitcoin before, during,...

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Altcoin Nightmare: Market Cap Down $10 Billion as Bitcoin Dominance Surges

Bitcoin continues to struggle ever since it peaked above $14,100 during the weekend. The situation with alternative coins is even worse, and the total market capitalization has dipped to about $390 billion. Bitcoin’s Struggles Since Its 1,000-Day Peak CryptoPotato reported over the weekend that the primary cryptocurrency spiked to a new 2020 high of about $14,100. The difference between this record and the previous ones registered in October was that it surpassed the 2019’s...

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