Bitcoin, Altcoins & Market Trends: What To Watch This Week
The Bitcoin and crypto market faces a week of pivotal events. #1 Bitcoin (BTC) All eyes are on Washington, D.C. as Bitcoin’s near-term trajectory may hinge on an event scheduled for March 11. Senator Cynthia Lummis, a vocal proponent of pro-Bitcoin and crypto legislation, is set to co-host the “Bitcoin for America” summit with the […]
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The crypto market has entered an undervalued region with market intelligence platform, Santiment, revealing three major altcoins to watch out for. Santiment’s analysis has indicated the potential for these three altcoins to outperform Bitcoin (BTC), Ethereum (ETH) and XRP in this market cycle. Cardano, Shiba Inu, and Dogecoin Are The Altcoins To Watch In an […]
Bitcoin and altcoins are entering a pivotal week of trading as they face several macro catalysts this week, with inflation data, Federal Reserve testimony, trade policy announcements by US President Donald Trump. #1 Bitcoin And Altcoins Await The CPI Release (Wednesday) The first key factor arrives on Wednesday, February 12, 2025, at 8:30 AM EST […]
See what the Cointelegraph crew thinks are the most important trends of 2021 in our latest video. Bitcoin bubbles, Big Brother, decentralized finance, nonfungible tokens and Ethereum: These are some of the key 2021 trends that the Cointelegraph crew pointed out back at the beginning of January. To assemble these opinions, each of our contributors was asked three questions:What current crypto trends will continue in 2021?What trends do you not expect to continue?What trends will we see in 2021 that we didn't see in 2020?How would you answer these questions? Take a moment to think, then....
BTC dominance has always had an inverse effect on the price movements for altcoins. Historically, BTC dominance determines the direction the value of altcoins swings in. Bitcoin has so far maintained majority dominance on the market. But as more time passes, that dominance goes down as altcoins see more demand. BTC dominance simply shows how much demand there is for bitcoin compared to altcoins. The more BTC dominance rises, the lower the demand for altcoins. This means that for altcoins to rally up further, bitcoin demand has to go down. Related Reading | Ethereum Breaks 200,000....
Although Bitcoin is struggling to form a bottom, altcoins are on a roll and the current price action could benefit UNI, XLM, THETA and HNT. The United States equities markets witnessed a sharp comeback last week, led by the Nasdaq Composite which gained 7.5%. The S&P was up about 6.5% for the week while the Dow Jones Industrial Average managed a gain of 5.4%.Continuing its tight correlation with the equities market, the crypto markets are also attempting a relief rally. Bitcoin (BTC) has seen a modest recovery but some altcoins have risen sharply in the past week. This suggests that....