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How Bitcoin Dominance impact on Altcoins
Bitcoin dominance is the percentage of the total cryptocurrency market capitalization that is held in $BTC . When $BTC dominance rises, it often indicates that investors are moving funds from altcoins into Bitcoin, suggesting a preference for safety and stability during uncertain market conditions. This can lead to a decline in the prices and trading volumes of altcoins, as they lose capital and investor attention. Conversely, when $BTC dominance falls, it may signal a growing interest in altc
Bitcoin dominance is the percentage of the total cryptocurrency market capitalization that is held in $BTC . When $BTC dominance rises, it often indicates that investors are moving funds from altcoins into Bitcoin, suggesting a preference for safety and stability during uncertain market conditions. This can lead to a decline in the prices and trading volumes of altcoins, as they lose capital and investor attention. Conversely, when $BTC dominance falls, it may signal a growing interest in altcoins, often during bullish phases when investors seek higher returns from smaller-cap coins. Therefore, tracking Bitcoin dominance can provide valuable insights into market sentiment and potential shifts between Bitcoin and altcoin investment trends.
SEC Delays Decision on BlackRock
Delays Decision on BlackRock's iShares $BTC #ETF redemption model
According to BlockBeats, the U.S. Securities and Exchange Commission (#SEC ) has postponed making a final decision on BlackRock’s proposed physical redemption model for its iShares Bitcoin Trust. The agency is now inviting public feedback on the matter.
Currently, the fund operates under a cash redemption system, where custodians sell Bitcoin and then return the proceeds to investors. Market experts believe that moving to a phy
According to BlockBeats, the U.S. Securities and Exchange Commission (#SEC ) has postponed making a final decision on BlackRock’s proposed physical redemption model for its iShares Bitcoin Trust. The agency is now inviting public feedback on the matter.
Currently, the fund operates under a cash redemption system, where custodians sell Bitcoin and then return the proceeds to investors. Market experts believe that moving to a phy
Binance will Look opBNB as a hype😱
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