BTC Dominance – DIGIT INFO

Ether poised to outperform Bitcoin: Bybit

DIGIT — Fri, 06 Dec 2024 17:47:35 +0000

Bybit’s November market report points toward Ethereum gaining traction as Bitcoin dominance fades.

Heavy Sell-Off Pushes Bitcoin to $58.8K, Cautious Buying Fuels Modest Recovery

DIGIT — Fri, 11 Oct 2024 02:01:31 +0000

The price of bitcoin dipped to $58,867 on Thursday, around 2 p.m. Eastern Time, but by 8:50 p.m. it had climbed back above $60,000. The initial drop reflected heavy selling pressure, but the later rebound—though slow—suggests a potential recovery might be on the horizon. Bitcoin Reclaims $60K After Market Dips: Traders Face $191M in Losses […]

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Bitcoin Dominance Has Remained Under 40% for More Than 3 Consecutive Months

DIGIT — Wed, 07 Dec 2022 15:00:52 +0000

Over the last 100 days or roughly three months, bitcoin’s market dominance among 21,958 different crypto assets worth roughly $850 billion has been under 40%. Bitcoin dominance has been under 40% since Aug. 27, 2022, with a brief instance of rising above the 40% range 52 days ago, on Oct. 15. Bitcoin’s Market Superiority Lost […]

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Crypto Economy’s Market Cap Slides Below $800 Billion for the First Time Since December 2020

DIGIT — Mon, 21 Nov 2022 21:30:24 +0000

The global cryptocurrency market capitalization has dropped below the $800 billion region for the first time in 691 days or since December 30, 2020. Bitcoin has dipped below the $16K region dropping 5.12% over the past 24 hours, and the second leading crypto asset ethereum shed 7.61% on Monday, dropping below the $1,100 range. Crypto […]

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Merge Flippening Predictions Fail as Ethereum’s Market Dominance Drops 13% in 30 Days

DIGIT — Sun, 18 Sep 2022 23:10:25 +0000

During the last 35 days, ethereum has lost a significant amount of market dominance leading up to The Merge. On August 14, 2022, the second leading crypto asset by market capitalization, ethereum, had a market dominance of around 19.5% but three days after the transition to proof-of-stake (PoS), it’s down 13% lower to 16.8%. In […]

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Ethereum Implements Bellatrix — Network’s Upcoming Paris Upgrade to Trigger The Merge, Validator Block Production

DIGIT — Tue, 06 Sep 2022 18:30:56 +0000

The blockchain network Ethereum has officially activated the Bellatrix upgrade, the final change before The Merge, the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS). Bellatrix was successfully codified into the codebase at epoch 144,896 on the Beacon chain and Ethereum co-founder Vitalik Buterin detailed it was important for network participants to update their […]

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While Bitcoin and Ethereum Dominance Slides, Stablecoin Market Caps Reap the Rewards

DIGIT — Tue, 28 Jun 2022 14:00:49 +0000

During the past 30 days, $285 billion has left the crypto economy and bitcoin’s USD value hit a 2022 low at $17,593 per unit on June 18. Moreover, last month’s statistics show bitcoin’s market dominance was 2.9% higher and ethereum’s market dominance was 2.1% higher than it is today. Bitcoin and Ethereum Dominance Has Dropped […]

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Bitcoin market cap dominance hits 2-month high as altcoins struggle

DIGIT — Tue, 01 Feb 2022 09:05:00 +0000

No sign of a new “alt season” at Bitcoin’s expense so far, as controversy over fees continues for Ethereum.

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Bitcoin Dips Below $44K, Crypto Economy Drops 4.5%, Traders Rush to Stablecoins

DIGIT — Wed, 05 Jan 2022 21:30:31 +0000

The price of bitcoin dropped below the $44K zone on Wednesday to $43,678 per unit as the entire crypto-economy has shed billions in value. At the time of writing, the overall crypto economy is down 4.5% as it dipped to $2.25 trillion in value. Bitcoin and Crypto Economy Sheds Billions, Crypto Fear & Greed Index […]

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Bitcoin dominance falls under 40%

DIGIT — Wed, 29 Dec 2021 05:53:55 +0000

While Bitcoin critics claim this means that BTC is losing its first-mover competitive advantage, others are anticipating the “altcoin season” is just around the corner, or might even be already underway.

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