Bitcoin demonstrates this familiar trend typical of bear markets: details BTC Crypto cryptocurrencies Cryptocrash cryptocurrency CryptoNews
According to the IntoTheBlock's holders' composition by time held, 61% of Bitcoin holders have held onto their coins for more than a year, 33% have held on for a year and 7% have held onto their coins for less than a month. The greater chunk of Bitcoin holders being medium- and long-term holders might suggest that Bitcoin may have been seeing buying pressure from this class.
Bitcoin dominance, which refers to Bitcoin's market share on the overall cryptocurrency market, rose slightly to 46.3%, while that of Ethereum was 17.5%. The crypto market capitalization had declined slightly by 1.90% to a record $1.22 trillion at press time.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BTC/USD Forecast: Bitcoin Sells Off as Trend ContinuesBitcoin fell significantly on Wednesday as we begin the month of June.
Read more »
GBP/USD Forex Signal: Sterling Bearish Trend to Gain SteamThe GBP/USD pair pulled back signaling that the recent recovery trade has ended.
Read more »
El Salvador still not ready to launch bitcoin bond, finance minister saysEl Salvador's leaders still don't think the market conditions are right for the launch of the nation's much-hyped bitcoin bond.
Read more »
Binance Concludes 3 Promos: Bitcoin Button Game, Bitcoin Button Reshare Promotion, and Bitcoin Button Milestone Giveaway | Binance SupportFellow Binancians, The following promotions have now concluded: Bitcoin Button Game Bitcoin Button Reshare Promotion Bitcoin Button Milestone Giveaway Reward Distribution: Steps to follow depending...
Read more »
Bitcoin Maintains $30K as Altcoins Consolidate (Market Watch)Bitcoin managed to defend the coveted $30K level successfully, while the majority of the altcoin market remained flat and consolidated over the past 24 hours.
Read more »
Bitcoin, Ethereum Technical Analysis: BTC Gains Prior to NFP Report, Following a Cross of Moving Averages – Market Updates Bitcoin NewsBitcoin was once again trading above $30,000, as markets were anticipating the release of May’s non-farm payrolls report.
Read more »