Currencies32904
Market Cap$ 2.80T-0.82%
24h Spot Volume$ 35.85B-40.6%
DominanceBTC58.71%+0.10%ETH7.71%-0.36%
ETH Gas0.44 Gwei
Cryptorank
MainNewsA 60% Bitcoi...

A 60% Bitcoin Dominance Could Shake Up the Altcoins Market – Analyst


Jan, 30, 2025
< 1 min read
by Ikemefula Aruogu
for CoinEdition
Crypto Analyst Foresees an Altcoin Market Response if Bitcoin Dominance Crosses 60%
  • Benjamin Cowen has identified a scenario that could trigger altcoin market volatility.
  • Bitcoin dominance above 60% could trigger a response from altcoins.
  • The Bitcoin dominance metric is close to a crucial resistance.

Crypto analyst Benjamin Cowen believes that Bitcoin’s dominance in the cryptocurrency market could soon trigger volatility for altcoins. In a recent post on X, Cowen highlighted Bitcoin’s current dominance level, forecasting a potential outcome and how it might affect the broader market.

At the time of Cowen’s post, Bitcoin’s dominance was 59.68%. Currently, that figure hasn’t changed much. Data from TradingView shows a slight decline to 59.61% in the relatively calm crypto market. Cowen suggests that 60% Bitcoin dominance could be the catalyst that sparks a shift in the crypto market narrative.

Related:…

The post A 60% Bitcoin Dominance Could Shake Up the Altcoins Market – Analyst appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Crypto Funding Rates Indicate Indecision: BTC, ETH Show No Strong Bias

Crypto Funding Rates Indicate Indecision: BTC, ETH Show No Strong Bias

Crypto funding rates across major centralized and decentralized exchanges settled nea...
Apr, 05, 2025
< 1 min read
by CoinEdition
XRP vs BTC: Glassnode Data Contrasts Retail vs Institutional Rally Paths

XRP vs BTC: Glassnode Data Contrasts Retail vs Institutional Rally Paths

XRP appears primarily retail-driven this market cycle, with active addresses increasi...
Apr, 03, 2025
< 1 min read
by CoinEdition
MainNewsA 60% Bitcoi...

A 60% Bitcoin Dominance Could Shake Up the Altcoins Market – Analyst


Jan, 30, 2025
< 1 min read
by Ikemefula Aruogu
for CoinEdition
Crypto Analyst Foresees an Altcoin Market Response if Bitcoin Dominance Crosses 60%
  • Benjamin Cowen has identified a scenario that could trigger altcoin market volatility.
  • Bitcoin dominance above 60% could trigger a response from altcoins.
  • The Bitcoin dominance metric is close to a crucial resistance.

Crypto analyst Benjamin Cowen believes that Bitcoin’s dominance in the cryptocurrency market could soon trigger volatility for altcoins. In a recent post on X, Cowen highlighted Bitcoin’s current dominance level, forecasting a potential outcome and how it might affect the broader market.

At the time of Cowen’s post, Bitcoin’s dominance was 59.68%. Currently, that figure hasn’t changed much. Data from TradingView shows a slight decline to 59.61% in the relatively calm crypto market. Cowen suggests that 60% Bitcoin dominance could be the catalyst that sparks a shift in the crypto market narrative.

Related:…

The post A 60% Bitcoin Dominance Could Shake Up the Altcoins Market – Analyst appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Crypto Funding Rates Indicate Indecision: BTC, ETH Show No Strong Bias

Crypto Funding Rates Indicate Indecision: BTC, ETH Show No Strong Bias

Crypto funding rates across major centralized and decentralized exchanges settled nea...
Apr, 05, 2025
< 1 min read
by CoinEdition
XRP vs BTC: Glassnode Data Contrasts Retail vs Institutional Rally Paths

XRP vs BTC: Glassnode Data Contrasts Retail vs Institutional Rally Paths

XRP appears primarily retail-driven this market cycle, with active addresses increasi...
Apr, 03, 2025
< 1 min read
by CoinEdition