Bitcoin Dominance is a measure of how much of the total market cap of crypto is comprised of Bitcoin. It can help you understand the trend of BTC and alts.
When Bitcoin is in the parabolic or the banana zone, be on the lookout for a drop in Bitcoin dominance and a liquidity shift to riskier assets like meme coins, SOL, and more. BIC insight: Look for BTC dominance declining below 50% and ETH/BTC pair strength increasing; these are key ...
CryptoQuant CEO Ki Young Ju believes that alt season might have begun as stablecoin holders are favoring altcoins, with altcoin volume being 2.7 times of BTC. This remains a selective alt season, with BTC dominance no longer defining altcoin season; trading volume does....
Cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) demand most of the attention within the crypto space, and for good reason: these two leading tokenscoins alone account for a combined 72% market dominance. But there are hundreds more cryptocurrencies and blockchain projects. And though most...
18,377,993BTC Market Dominance 65.17% Average Block Time 10 minutes Who Created Bitcoin? Bitcoin was created by a person or group of people going by the pseudonym Satoshi Nakamoto. In 2008 they released the whitepaper – Bitcoin: A Peer-To-Peer Electronic Cash System – on a cryptography ma...
“mining” is how transactions are validated for ablockchain. It’s essentially a cryptographic competition to add blocks, or records, to the cryptocurrency’s ever-expanding blockchain network. In exchange for this service, winning miners are paid in Bitcoin (BTC), which reached a record price...
Also, BCH is much cheaper than Bitcoin, and it isn’t as prominent when it comes to its overall cryptocurrency market dominance, which may provide less incentive to mine on its network. Otherwise, the asset simply doesn’t have as many trading pairs as Bitcoin, as BTC can be ...
The rise of powerful tech companies like Amazon, Google, Apple, and Facebook has happened so quickly that it is hard to gauge a precedent for theirdominance, particularly considering their dominance is over the Internet, a completely novel medium of communication. ...
The dominance of long liquidations indicates that the cryptocurrency market is over-leveraged on the bullish side. Despite the current bearish market sentiment, cryptocurrency options trading platform QCP Capital stated that cryptocurrency prices and implied volatility have shown a mild response compared to...
The only downside to Bitcoin Cash is that it failed to gather the attention and involvement it needed from the cryptocurrency community and investors after it was created. This is likely due to the fact that Bitcoin has the first-mover advantage, which established its dominance. ...