Global Stock News

Bitcoin’s Share of the Crypto Market Drops Below 60%: What Happens Next?

Bitcoin’s Share of the Crypto Market Drops Below 60%: What Happens Next?

Quick Read

  • Bitcoin’s dominance fell below 60% despite a 3.3% price gain, as seven altcoins outperformed it, led by Litecoin’s 23.7% surge.

  • $2.4 billion flowed into Bitcoin ETFs that same week, a factor absent in all three previous times dominance crossed below 60%.

  • If Bitcoin ETF daily inflows flip to outflows while altcoins keep rising through October, a 2021-style altcoin rally may be forming.

  • Building a portfolio and living off one are two completely different skills, and almost nobody teaches the second. This problem is what The Definitive Guide to Retirement Income helps, and it is free today. Read more here. (Sponsor)

Bitcoin’s (CRYPTO:BTC) share of the total cryptocurrency…

Source link

Share this article

Scroll to Top