Tags : dominance

Bitcoin

You can soon bet on Bitcoin’s dominance against other cryptos

A new product by crypto exchange Binance will soon allow traders to bet on Bitcoin’s increasing or decreasing share of the crypto market, it said in a release today. #Binance Futures Will Launch USDⓈ-M BTCDOM Perpetual Contracts with Up to 25X Leverage ➡️ https://t.co/RXkPj89lO0 pic.twitter.com/pmsDTo6v31 — Binance (@binance) June 17, 2021 Offered under the ‘BTCDOM’ […]Read More

Altcoin

Bitcoin Dominance Plummets while Altcoins Outperform

After grabbing the fintech world’s attention with an out-of-control rise to record prices, Bitcoin has been getting pounded this past week. 92% of altcoins have outperformed Bitcoin on the week. At the time of press, Bitcoin was down about 12% against the USD since its weekly open. This also marks a 25% drop from its […]Read More

Litecoin

Charlie Lee explains 45% Litecoin (LTC) rally in face of

Unlike what many traders expected, the past few weeks and months have been all about Bitcoin. While certain altcoins have enjoyed strong rallies, BTC has consistently moved higher, resulting in a long-awaited correction in the Bitcoin dominance metric. Per CoinMarketCap, the metric is up from the lows of 55 percent seen in the summer to […]Read More