Get Ready For A Sharp Bitcoin Move. Gareth Soloway | Crypto
92Get Ready For A Sharp Bitcoin Move. Gareth Soloway Crypto Bitcoin News Bitcoin Crash Crypto News
Hello everyone, welcome to the world of crypto, Bitcoin and stocks. As Bitcoin's (BTC) dominance rate or share in the overall crypto market continues to rise, threatening to reverse alternative cryptocurrencies (altcoins) BTC-beating rally from early 2021.
The dominance rate rose to 52.45% on Monday, reaching the highest since April 2021, according to data tracked by the charting platform TradingView.
The ascent is consistent with the bullish breakout seen in June, which marked the end of a prolonged range play between 38% and 48%.
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