All articles tagged with #altcoin dominance
Originally Published 7 months ago — by AMBCrypto
Altcoin dominance is approaching a key support level, indicating a potential shift towards altcoin outperformance and a possible multi-week rally, especially in non-ETH altcoins, as market rotation signals grow stronger.
Originally Published 2 years ago — by CoinDesk
Bitcoin opens Tuesday down 3% at $29,179, while Worldcoin's WLD token surges 30% in the last 24 hours. Altcoin dominance has reached a multi-month high, with bitcoin's volume dominance declining to its lowest level since April. Ethereum co-founder Vitalik Buterin raises concerns about Worldcoin's real-world privacy and centralization implications. Bitcoin investment products experience a $13 million outflow, while smaller cryptocurrencies like ether and Ripple's XRP gain favor. Bitcoin mining is on the rise, with the hashrate increasing five-fold since June 2021. Worldcoin launches its WLD token and mainnet, while Hong Kong lawmaker Johnny Ng invites Coinbase to the city. Russia's President Putin signs a law enabling the possibility of a central bank digital token.