Altcoins struggle as BTC dominance remains high in the possibly last bear market lap

United States News News

Altcoins struggle as BTC dominance remains high in the possibly last bear market lap
United States Latest News,United States Headlines
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Bitcoin's dominance, which has reached the highest level in 2023, above 52%, is signalling a challenging phase for altcoins. While most altcoins are s

Altcoin performance has beenunderwhelming with notable exceptions as BTC dominance remains above 50%. Altcoins' low interest could suggest the last phase of a bear market cycle. Bitcoin's breakthrough at the $32k level is also pivotal to trigger a move to $40k, according to analysts. truggling to gain momentum, some analysts believe that this might be the leg of the bear cycle if history repeats.

$SOL , $BSV , and $INJ are a few notables growing in market cap, while $BTC continues its rising ratio of market cap vs. the field. pic.twitter.com/K0GJuyAedF — Santiment October 19, 2023 The last leg of bear market The ongoing subdued interest in altcoins may suggest that the cryptocurrency market is entering the final phase of a bear cycle.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin Weekly Forecast: BTC bulls can make or break 2023 rallyBitcoin Weekly Forecast: BTC bulls can make or break 2023 rallyBitcoin (BTC) price produced a lower low on August 28 on the weekly time frame. This move came after a sustained uptrend throughout 2023, which yielde
Read more »

Found (2023) (2023) | ScreenRantFound (2023) (2023) | ScreenRantFound is a crime-drama television series created for NBC by Nkechi Okoro Carroll. The series follows recovery specialist Gabi Mosely and her colleagues as they attempt to find missing persons across the United States, unified by each member of the team's own experiences with disappearances.
Read more »

Top Fall 2023 / Winter 2024 Shoe Trends 2023 / 2024 » Fashion AllureTop Fall 2023 / Winter 2024 Shoe Trends 2023 / 2024 » Fashion AllureLatest Fashion Trends, Shoes and Accessories, Celebrity Style
Read more »

Top Fall 2023 / Winter 2024 Fashion Must-Haves 2023 / 2024 » Fashion AllureTop Fall 2023 / Winter 2024 Fashion Must-Haves 2023 / 2024 » Fashion AllureLatest Fashion Trends, Shoes and Accessories, Celebrity Style
Read more »

Top Fall 2023 / Winter 2024 Bag Trends 2023 / 2024 » Fashion AllureTop Fall 2023 / Winter 2024 Bag Trends 2023 / 2024 » Fashion AllureLatest Fashion Trends, Shoes and Accessories, Celebrity Style
Read more »

The Most Wearable Fall 2023 / Winter 2024 Fashion Trends 2023 / 2024 » Fashion AllureThe Most Wearable Fall 2023 / Winter 2024 Fashion Trends 2023 / 2024 » Fashion AllureCompilation of the hottest trends in clothing based on fall 2011 winter 2012 runways. What’s en vogue this season? Find out here!
Read more »



Render Time: 2025-02-21 05:11:20