Bitcoin Dominance on the Rise as Altcoins Retreat Ahead of CPI: Market Watch

Share

Bitcoin dominance over altcoins has reached 60% on CoinMarketCap as most altcoins remain in the red. BTC price plunged to $80,400 mid-week to mark a multi-week low before rebounding to a range between $83,000 and $84,000. Investors expect increased volatility following the release of US CPI data for September. The total crypto market cap declined by 0.5% to $2.790 trillion, with bitcoin market cap stable at $1.670 trillion.

Source: Read the original article

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
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items