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The price of Bitcoin has formed a new support level at $30000, as digital currencies have continued to grow for a week despite their increasing dominanceAfter continuing to rebound last week, the price of Bitcoin (BTC) has retested at a level of $30000. The transaction price of Bitcoin is $30135, which has increased by 1

At present, the only driving force for the development of the encryption market is Big Brother Bitcoin. With the continued indifference of competing currencies and the deepening of the bear market, the King of Cryptocurrencies has reached its highest market dominance this year

Bitcoin's current trading price is $26730, with a slight increase in the past 24 hours and a market value of $521.58 billion

According to CoinGecko, Bitcoin showed strong performance in the second quarter of 2023, with its market dominance strengthened compared to counterfeit coins that suffered losses during this period.This Cryptocurrency data aggregator released its second quarter industry report on July 18, which showed that Bitcoin (BTC) and Ethercoin (ETH) continued to increase in the previous quarter

After the recent rebound of Bitcoin to $29000, its dominant position has gained more support in the competitive currency market. According to the latest encryption Market data, after the valuation of the asset jumped by about 2% to about $560 billion in the past 24 hours, the dominant position of Bitcoin fell to about 60% on Wednesday

The Layer1 project that is currently receiving attention has basically come to an end after Sui goes online.The Ethereum Killer narrative that began in 1617 has come to an end (not that Layer1 projects are cool and will continue to emerge, but rather that Ethereum can no longer be replaced)After the birth of BTC, many so-called BitcoinKillers emerged, including BTC Diamonds, Zcash, ZEC, Monroe, and even Ethereum, all aimed at solving a certain problem with BTC