Since the Bitcoin halving, the dominance of BTC has been slowly dropping from over 57% to a low of 53.4%. Irrespective of the market-wide drop, two of the best altcoins have been BNB and NuggetRush, appreciating against BTC. >> Buy NuggetRush Now << Bitcoin (BTC) Dominance Declines As Bearish Market Bites Harder In anticipation of […]
The post Bitcoin Dominance Fall To New Lows; BNB and NuggetRush Lead the Bullish Altcoins appeared first on Coin Edition.
Since the Bitcoin halving, the dominance of BTC has been slowly dropping from over 57% to a low of 53.4%. Irrespective of the market-wide drop, two of the best altcoins have been BNB and NuggetRush, appreciating against BTC.
Bitcoin (BTC) Dominance Declines As Bearish Market Bites Harder
In anticipation of the fourth Bitcoin halving, the dominance of BTC was rising steadily, hitting 57.2%. However, post-halving, Bitcoin dominance has been on a decline. As per data from CoinMarketCap, the dominance of BTC has dropped to 53.4%. The declining dominance is a direct result of the drop in the price of Bitcoin.
Since hitting its all-time high of $73,800 in mid-March, the price of BTC has dropped below the $60,000 support. Although Bitcoin has quickly surpassed $60,000 once again, the leading crypto has been between $62,000 and $68,000 for the last three weeks. In addition, some of the top altcoins have performed better during this bear season, further decreasing the dominance of Bitcoin.
NuggetRush (NUGX) Leads Altcoin Rally, Gains 91% in a Week
NuggetRush (NUGX) is one of the top altcoins that have been rising while Bitcoin battles wit…
The post Bitcoin Dominance Fall To New Lows; BNB and NuggetRush Lead the Bullish Altcoins appeared first on Coin Edition.
