- Fidelity Digital Assets said it sees signs of stabilization in the cryptocurrency market despite the recent correction.
- The report said key on-chain indicators, including unrealized profit, momentum and network usage, are improving.
- It said Bitcoin dominance could turn higher again, and that a recovery in Bitcoin’s dominance could be directly tied to overall crypto market stability.
Forecast Trend Report by Period
Bitcoin is playing a central role in the cryptocurrency market’s recovery, according to a Fidelity Digital Assets analysis.
CoinDesk reported on April 27 that Fidelity Digital Assets said in a report that the market is showing signs of stabilization despite a recent correction.
The…
