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Is an altcoin season approaching as Bitcoin dominance declines?
Is an altcoin season approaching as Bitcoin dominance declines?Bitcoin dominance has declined from its yearly peak reached a few days ago, as Bitcoin's price fell below $60,000, leading to market speculation about a potential altcoin season. Despite Bitcoin's recent milestone, its dominance continues to fall, while the total market capitalization of the top 125 altcoins continues to rise
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Bitcoin Price Declines Amid Cooling Demand for US ETFs, Shift in Fed Policy Expectations
On April 2, Bitcoin price fell once again, driven by cooling demand for US-based exchange-traded funds (ETFs) and a reduced appetite for betting on monetary easing by the Federal Reserve. Subdued Demand Cooling demand for US-based ETFs is a major factor behind Bitcoin's price decline
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Ethereum (ETH) prices have fallen to a 7-month low - will there be further declines in the future?
Between October 6th and 12th, ETH prices fell 7%, reaching a 7-month low of $1520. Although it slightly rebounded to $1550 on October 13th, according to multiple indicators, investors' confidence and interest in ETH seem to be weakening
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As Bitcoin (BTC) declines, the analysis of Ripple XRP, (SOL), and ADA coins
As mining sales lead to a decline in Bitcoin prices, counterfeit coins also experience fluctuations. So, what are the expectations for XRP, SOL, and ADA? With the upcoming Federal Reserve meeting minutes to be released tonight, geopolitical risks, and tomorrow's inflation data, there are many factors that can suppress the price of Bitcoin
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As Bitcoin (BTC) falls to its long-term support level, purchasing sentiment declines
Bitcoin traders and short-term speculators have always been 'buying on dips', but this sentiment seems to be weakening at the moment.On May 26th, on chain analysis provider Santiment observed that Bitcoin traders often purchase short-term, small cryptocurrency prices, but are hesitant to purchase long-term, larger price drops
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Bitcoin prices are difficult to recover and still vulnerable to new declines
Bitcoin prices are working hard to recover above the resistance level of $26650. If BTC remains below the resistance level of $26650, it may start another decline