-
Bitcoin Dominance Falls: Is BTC Cooling Off?
Bitcoin dominance has fallen for the first time since early June. While that does not suggest significant sell-offs, BTC could be entering a ‘cooling-off’ period as the global economic outlook remains uncertain. Bitcoin accounted for just over half of the cryptocurrency market at the beginning of April, but its share progressively increased over the past four and a half months, almost reaching 70% on August 9. But bitcoin dominance plateaued over the following weeks, moving within a progressively tighter range between 68% and 69%. Earlier today it began to track back, as altcoins rose and BTC consolidated around ... (full story)
