Market Update: Bitcoin Dominance (BTC.D)

BTC.D failed to retest and has returned inside the ascending wedge pattern.

This is a key area to watch closely, as a rebound from this level could have significant implications.

It is important to note that the Bitcoin Dominance Index (BTC.D) usually moves inversely to the market cap of altcoins, so any further developments may impact the performance of altcoins accordingly.

$BTC

BTC
BTC
86,259.32
-2.67%