Bitcoin dominance is testing a 61% level in the cryptocurrency market. The weekly Supertrend indicator has turned bullish, signaling a possible strengthening of Bitcoin’s position. The rise in its dominance is unfavorable for altcoins, which could lose market share to the leading cryptocurrency. The BeInCrypto article examines the implications of this move for altcoins.
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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
