Ether plunges 13% while Bitcoin pushes BTC dominance to 2022 high — More pain ahead?
Bitcoin dominance has spiked to six-month highs at Ether’s expense as ETH/BTC suffers big losses.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin dominance has spiked to six-month highs at Ether’s expense as ETH/BTC suffers big losses.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin-gold correlation hits six-year high, but analysts question whether equity decoupling will last
Glassnode is less convinced by bitcoin's recent divergence from U.S. equities, saying similar moves have previously been short-liv...
Ethereum Price Suppressed as Selling Pressure Mounts
Ethereum price is trading around $2,390, but the chart is starting to look tired. ETH has shed 3%-6% over the past week, and the b...
Tron surpasses Ethereum as USDT supply rises to $94B
Tron's dominance in USDT supply could reshape stablecoin dynamics, attracting regulatory scrutiny and impacting global digital pay...
Tether Reports $1.3B Q2 Profit As Excess Reserves Reach $5.2B
Tether reported $1.3 billion in Q2 net operating profit in its latest BDO attestation statement, while excess reserves rose to $5....
Bitcoin-Gold Correlation Hits Six-Year High as Debasement Fears Mount
Bitcoin Magazine Bitcoin-Gold Correlation Hits Six-Year High as Debasement Fears Mount Bitcoin’s correlation with gold is at its h...
Bitmine Immersion Technologies soars 46% in August as Ethereum treasury strategy pays off
Bitmine's strategic shift to Ethereum highlights the growing appeal of staking revenues, potentially reshaping corporate crypto tr...