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Shock Bitcoin Data Reveals Stark Ethereum, Litecoin And Ripple XRP Warning

From forbes.com

Bitcoin's dominance, a measure of bitcoin's value compared to the wider crypto market, is now hovering around 70%, a level not seen since April 2017. The bitcoin price has been treading water over recent months after surging higher earlier this year as many bitcoin rivals, including ethereum, litecoin and Ripple's XRP struggled to make similar gains. However, the market may be even more weighted towards bitcoin than previously thought with shock research suggesting bitcoin's real dominance may be above 90%. Bitcoin continued to fall below $10k. At the moment of writing this article, BTC is trading in the red on CMC. ... (full story)

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  • Category: Fundamental Analysis