Crypto influencers
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Gm
In the last two weeks, the cryptocurrency market has seen a significant strengthening of bitcoin positions, accompanied by a weakening of altcoins. Dominance of Bitcoin: The share of bitcoin in the total capitalization of the cryptocurrency market reached 58%, which is the maximum in the last 3.5 years. This indicates a redistribution of investments in favor of bitcoin. Current prices: • Bitcoin (BTC): $103,976 • Ethereum (ETH): $3,423.64 • BNB: $720.8 • XRP: $3.2 • Cardano (ADA): $1.11 • Dogecoin (DOGE): $0.413216 • Solana (SOL): $218.45 • Litecoin (LTC): $134.88 • Polkadot (DOT): $7.41 • Avalanche (AVAX): $41.02
“The dominance of #Bitcoin is at its peak right now — about 60%. This is a classic: capital goes to BTC as a safe haven. But as soon as Bitcoin slows its growth, altcoins will start to revive. If we see the consolidation of BTC, liquidity will flow into the alts. Usually it is a matter of a couple of weeks after the peak of dominance. 🧐"
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