🚨 BREAKING Arkham Intel HAS IDENTIFIED BHUTAN'S ~$750M $BTC HOLDINGS, which have been accumulated through Bitcoin mining operations. 🏔️⚡
Despite volatility in the market, this is not the time to be bearish on BTC and crypto! The strongest phase of the Bitcoin cycle is yet to come. 🐂 The big bull is waiting for you! 🦬
🔥 Bitcoin Dominance Hits a 3-Year High! 🔥
In recent market movements, #Bitcoin dominance has reached levels not seen since April 2021! This 54.76% dominance surge comes as altcoins, especially $ETH, show increased volatility. In just the past 24 hours:
$BTC : down 2% 📉$ETH: down 4% 📉
This shift highlights how BTC is the focal point at institutional levels and even among political conversations, leaving other coins in the background. Could this be a pause before the next altcoin rally, or will Bitcoin's dominance continue to rise? 🤔
📊 Key Stats:
Bitcoin Market Cap: ₹96TTotal Crypto Market Cap: ₹177TWeekly Range: 53.87% - 54.76%
Bitcoin dominance has closed above 57.68% for the first time since April 2019, which kicked off a multi-month uptrend to 71%. 🚀 Will history repeat itself?
📈 BTC Dominance Insight:
Bitcoin’s dominance is a critical metric that gauges its share of the total crypto market. While it once held a 100% market share, the rise of altcoins like Ethereum and Litecoin has eroded this dominance. However, Bitcoin’s hold on the market remains a significant indicator of overall market sentiment.
💭 What do you think? Is Bitcoin headed for new highs, or will altcoins fight back? Let us know your thoughts! 🗣️
⚠️ DYOR: Always Do Your Own Research! Crypto markets are volatile, and while historical data can provide insight, it is essential to research and assess risks before making any financial decisions. 📊🔍
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