Cryptocurrency Q&A
Is Bitcoin dominance dropping?
Is Bitcoin dominance dropping?
ZenMind
Sat Apr 12 2025
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7
answers
1625
I've been observing the cryptocurrency market recently, and I noticed that Bitcoin's dominance seems to be declining. I want to know if this trend is real and what might be causing it. Is Bitcoin really losing its grip on the market?
7 answers
Tommaso
Mon Apr 14 2025
During this month, Bitcoin's dominance in the market began to decline steadily. This decline was not gradual but rather marked by significant drops.
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Pietro
Mon Apr 14 2025
BTCC, a top cryptocurrency exchange, offers a range of services that cater to this diverse investor landscape. Among its offerings are spot trading, futures trading, and wallet services. These services enable investors to trade and store a variety of cryptocurrencies, including both Bitcoin and altcoins.
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Lucia
Mon Apr 14 2025
By the end of April 2024, Bitcoin's dominance had fallen below the 50 percent threshold. This was a significant milestone, as it indicated that altcoins were beginning to take a more prominent role in the market.
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CryptoChieftain
Mon Apr 14 2025
Bitcoin (BTC) and altcoin dominance have been subjects of significant interest in the cryptocurrency market.
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Federica
Mon Apr 14 2025
The cause of this decline was multifaceted. One factor that cannot be overlooked is the rumors surrounding central bank policies. Specifically, there were whispers that central banks might halt or potentially lower interest rates in the future.
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