#market capitlization News

Altseason Narrative Strengthens as Altcoin Market Cap Breaches Multi-Year Resistance Level

August 11, 2020 by Anthonia Isichei at Altcoins

The total altcoin market capitalization has crossed $140 billion, possibly signaling the beginning of a new altseason. Altcoin Market Cap Breaks Resistance According to a tweet by cryptocurrency analyst Rekt Capital on Tuesday (August 11, 2020), the altcoin market has crossed a major resistance level, going above $140 billion for...

Long-Term Bitcoin Dominance Index is on a Decline

Here’s Why the Bitcoin Dominance Index Based on Market Capitalization Might Not Mean Much

July 2, 2020 by Anthonia Isichei at Bitcoin, Education

Data from CoinMarketCap shows Bitcoin dominance below 70 percent but in reality, the number could be a lot higher. Unlimited Altcoin Token Supply Makes Market Cap a Meaningless Metric In a report by BTSE Academy, a free Bitcoin learning platform, there are better ways to get Bitcoin’s dominance apart from...