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."

Bitget vs. Binance vs. WEEX биржа: Сравнительный анализ CEX и потенциал токенов 2025
Прогноз Цены yearn.finance(YFI) Coin: Рост на 15% к Апрелю 2025 – Достигнет ли $6000?

Вам также может понравиться

Поделиться
copy

Растущие активы

Последние новости криптовалют

11:21

Bloomberg: ФРС никогда так не раскалывалась по стратегии длинных ставок

10:55

Key Transaction Data: Доходность 10-летней казны США выросла до 4,086%

10:53

Mainstream Perp DEX Overview: Гиперликвид снова превысил $10 млрд по объему торгов, объемы платформы отскочили суммарно

10:50

Европейский альянс Stablecoin назначил бывшего исполнительного директора Coinbase главным исполнительным директором

10:27

Ethereum ICO Whale with 254,900 Tokens Nearing Liquidation, Deposited 23,000 ETH to CEX in the Past Week

Еще
Сообщество
icon
icon
icon
icon
icon
icon
icon
icon
icon
icon

Служба поддержки@weikecs

Деловое сотрудничество@weikecs

Количественная торговля и ММ[email protected]

VIP-программа[email protected]