Bitcoin's Market Dominance Peaks Amidst Sideways Trading | Flash News Detail | Blockchain.News

Bitcoin's Market Dominance Peaks Amidst Sideways Trading

10/5/2024 4:01:27 PM

Bitcoin's Market Dominance Peaks Amidst Sideways Trading

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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