Analyst expects bitcoin dominance to surpass 60%
According to ChainCatcher, cryptocurrency analyst and ITC Crypto founder Benjamin Cowen published an article today predicting that Bitcoin dominance is expected to return to above 60%. He pointed out that the price ratio of altcoins to Bitcoin may weaken in the coming month. Although ETH may reach new highs in the future, current market liquidity is flowing back to Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitmine purchases 22,676 Ethereum worth $68.67 million
RootData: BB will unlock tokens worth approximately $3.03 million in one week
Investment bank Cantor Fitzgerald lowers Strategy's target price by 59% to $229, but maintains "Overweight" rating
