Bitcoin

Bitcoin dominance (BTC.D) continues its upward trajectory, hitting 61% as Bitcoin edges closer to the $100,000 mark. This rising dominance reflects growing investor preference for Bitcoin, leaving altcoins under pressure. As the market anticipates altseason, analysts explore current trends and their potential impact on altcoins.<h2 id="header-0">Bitcoin’s Dominance and Its Market Implications</h2><a href="https://cryptotale.org/forecasting-bitcoin-to-hit-100k-before-moonvember-ends/" rel="noopener noreferrer nofollow">Bitcoin</a> dominance represents the share of Bitcoin’s market cap in the overall cryptocurrency market. It plays the role of market sentiment indicator. An increasing dominance normally means that Bitcoin is leading the charge, and other coins can barely follow. The weekly BTC.D chart shows a bullish trend inside an ascending wedge that indicates further Bitcoin outperformance in the short term.<a href="https://cryptotale.org/what-does-this-bitcoin-dominance-mean-to-altcoins-analysis/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

What Does This Bitcoin Dominance Mean To Altcoins? Analysis

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