Bitcoin's Market Dominance Peaks Amidst Sideways Trading
10/5/2024 4:01:27 PM
According to IntoTheBlock, Bitcoin's market share has reached its highest level since April 2021 during the current quarter. Despite this, Bitcoin's price has been trading mostly sideways, showing little movement. In contrast, Ethereum and smaller cryptocurrency tokens have experienced new yearly lows in terms of price, indicating a shift in market dynamics favoring Bitcoin's dominance. (Source)
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