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Altcoins Bounce Back With BTC Dominance Dropping, Is the Bottom In? Crypto analyst van de Poppe signals of a potential reversal in altcoin prices, as seen in their performance against Bitcoin. BTC dominance has tanked 2% in the last 24 hours. Solana and Chainlink register the strongest bounce with 10% gains each.Bitcoin dominance drop by 2% in 24 hours makes way for strong altcoin recovery.Altcoin prices show strong reversal against Bitcoin indicating that the bottom could be in.After facing the brutal sell-off on Monday, altcoins have bounced back once again putting up fresh optimism among investors. Among the top ten altcoins, Solana (SOL) has gained the most by 10% and is currently trading at $136. With this price pump, Solana has offset all its last week’s losses. Other popular altcoins like Cardano (ADA), dogecoin (DOGE), Toncoin (TON), are up anywhere up between 3-5%. Altcoins Pump As BTC Dominance Drops The Bitcoin price correction pushed the BTC price under $59,000 earlier today before recovering to $61,500 once again. However, with the Bitcoin dominance declining, altcoins have registered strong gains. In the last 24 hours, the Bitcoin dominance has tanked by 2% suggesting a strong liquidity flow happening into altcoins. The “Total 3 Index” including Bitcoin and Ethereum, is holding strong at the support levels showing signs of potential trend reversal. This development has forced investors to question whether the alt season is about to begin. #BTC☀ #dotcoin #Solana_Blockchain

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Historic Bitcoin move from US presidential candidate Donald Trump! Donald Trump told miners he would support Bitcoin mining. 12.06.2024 Former US President Donald Trump, who was hostile to Bitcoin and cryptocurrencies during his previous presidency, has undergone a major shift. Re-elected Trump has been vocal in his support of BTC and cryptocurrencies during this election campaign, with Trump recently meeting with several Bitcoin miners. According to Bloomberg, Trump told the miners that he would support Bitcoin mining. Noting that Joe Biden and his administration opposed bitcoin mining and aided rival countries, Donald Trump promised to support bitcoin miners and the mining industry if he returned to the White House. Nasdaq-listed bitcoin mining company CleanSpark Inc. was among the attendees at Trump's meeting with bitcoin miners. and representatives from Riot Platforms were also present. "I just ran into a guy who is a huge Bitcoin fan and supports what we do at CleanSpark Inc. in Georgia, Mississippi and Wyoming," CleanSpark co-founder S. Matthew Schultz said on x #Binance200M #altcoins #bitcoin☀️

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Bitcoin💸 has a larger market cap than the top 3 banks in the world, combined: • Bitcoin: $1.37 trillion • JPMorgan Chase: $574 billion • Bank of America: $311 billion • IC Bank of China: $268 billion #Binance200M #ETHETFsApproved #TopCoinsJune2024

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Binance 200M Active user done #BNBvsSOL #Binance200M #ETHETFsApproved

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Will XRP drop to $0.4699 in June? A detailed breakdown XRP made a bearish breakout in the last few days, hinting at a continued price drop. Posted: June 9 XRP was down by more than 4% in the last seven days. If the downturn continues, then the token might drop to $0.4699. XRP has witnessed quite some turbulence as its price has dropped over the last week. But investors should prepare for more setbacks as the token fell below a pattern, that hinted at a further price drop. Bears step up Per an earlier AMBCrypto report, XRP’s price had reached a 2-month low. This decline was caused by market jitters following reports that Ripple, the token’s developer and largest holder, sold 150 million XRP. According to CoinMarketCap, the price decline continued as the token’s value dropped by over 1.3% in the last 24 hours. At the time of writing, the token was trading at $0.4932 with a market capitalization of over $27 billion. The price decline also had a negative impact on the token’s price action. Santiment’s data revealed that XRP’s Weighted Sentiment went into the negative zone, implying that bearish sentiment around the token was dominant in the market. Nonetheless, the massive price drop stirred up conversations in the market, causing its Social Volume to spike. Source: Santiment In a further spot of bad news, while XRP’s price dropped, it made a bearish breakout, which hinted at a continued price decline. Notably, XRP’s price entered a pennant pattern in the middle of April. Since then, the token has consolidated inside the pattern, only to make a bearish breakout on the 8th of June #XRPDumping #Binance200M #BTC☀

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