#AltcoinBreakout and the increase in market value .. you should know it
Over the past two weeks, Bitcoin's dominance has dropped by -5%
While this was met with a rise in market liquidity, as the market capitalization increased to 60T$ 😟
This means real liquidity has entered, accompanied by a collective rise from major competing cryptocurrencies against Bitcoin, taking advantage of the dominance drop.
We have started to notice the emergence of massive buying operations from some companies and financial institutions, closely aligned with the approval of new regulations and legislation in America regarding crypto.
- SharpLink Company purchases 144,500 ETH worth 515M$ in 9 days, with the last deal just 3 hours ago worth $115M.