Bitcoin’s market dominance index has failed to sustain above 50% since April 2021 — so will this time be any different?
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Bitcoin’s market dominance index has failed to sustain above 50% since April 2021 — so will this time be any different?
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While most coins are reeling under pressure, Bitcoin and select altcoins such as ADA, ATOM, LDO, and ARB are showing promise.
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ADA runs out of buyers despite the long-awaited Cardano hard fork going live potentially at the end of july.
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ADA price has seen sharp recoveries during bear markets in the past with many turning out to be bull traps.
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The only glitch in the bullish setup, for now, remains the Federal Reserve’s taper acceleration plans.
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SOL price reached another record high on Nov. 7, bringing its YTD gains up by roughly 17,500%.
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Solana price rallied to a new record high while SOL entered the top-five cryptocurrencies by market cap for the first time.
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It’s not looking good for Bitcoin bulls, at least for today, as moving averages slip from view and $40,000 begins to loom large.
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