logo

Analyst: ETH Strength Could Signal BTC Dominance Peak, Market Funds Flowing into Ethereum and Altcoins

By: theblockbeats.news|2025/07/16 06:51:59

BlockBeats News, July 16th, according to Cointelegraph's report, crypto analyst Matthew Hyland suggested that if Ethereum's price continues to rise, Bitcoin's market dominance may have already peaked.

Hyland published a post on Tuesday on X platform stating: "If ETH shows a bullish trend against BTC and maintains its strength, then the likelihood of Bitcoin's market dominance peaking is as high as 99%." In the past 7 days, Bitcoin's market dominance has dropped by 1.85%, and crypto trader Ash Crypto mentioned that this is because "funds are flowing into Ethereum and other altcoins."

Generally, an increase in Bitcoin's market dominance indicates that investors prefer Bitcoin over altcoins, while a decrease in dominance may suggest that the market is gaining confidence in a broader altcoin ecosystem. Crypto trader Cas Abbe mentioned that Ethereum is currently in a very obvious "bull flag" pattern and "is approaching a breakout."

Ripple e SEC chegam em um acordo, encerrando o processo judicial
WEEX rouba a cena no BlockchainRIO 2025

Você também pode gostar

Compartilhar
copy

Ganhadores

Últimas notícias sobre cripto

13:24

Presidente da SEC: Crypto 'Innovation Hub' entrará em vigor em janeiro

13:22

A BlackRock depositou 1634 BTC na Coinbase Prime, cerca de 142,6 milhões de dólares

12:57

MADAOCHENGGONG está ao vivo na WEEX, oferecendo um airdrop de 50.000 USDT para os recém-chegados.

12:54

BNP Paribas: Se a Suprema Corte derrubar as tarifas de Trump, o dólar pode cair

12:52

As taxas de financiamento do CEX e do DEX mostram que o mercado está se movendo em direção ao declínio.

Leia mais
Comunidade
icon
icon
icon
icon
icon
icon
icon
icon

Atendimento ao cliente@weikecs

Parcerias comerciais@weikecs

Quant trading e MM[email protected]

Serviços VIP[email protected]