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3 reasons why the Bitcoin dominance metric is a flawed indicator

September 9, 2020 by DIGIT
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Bitcoin dominance rate is a metric cited by many when forecasting altcoin and BTC rallies but is the indicator reliable?

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Categories Bitcoin, bitcoin dominance, Bitcoin Price, Markets, Markets Analysis
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  • bitcoinBitcoin(BTC)$89,728.00-2.54%
  • ethereumEthereum(ETH)$3,039.38-4.06%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.05-1.86%
  • binancecoinBNB(BNB)$884.00-2.09%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$133.08-3.99%
  • tronTRON(TRX)$0.2875780.52%
  • staked-etherLido Staked Ether(STETH)$3,037.44-4.04%
  • dogecoinDogecoin(DOGE)$0.139382-5.08%
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  • bitcoinBitcoin(BTC)$89,728.00-2.54%
  • ethereumEthereum(ETH)$3,039.38-4.06%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.05-1.86%
  • binancecoinBNB(BNB)$884.00-2.09%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$133.08-3.99%
  • tronTRON(TRX)$0.2875780.52%
  • staked-etherLido Staked Ether(STETH)$3,037.44-4.04%
  • dogecoinDogecoin(DOGE)$0.139382-5.08%