According to Coingecko, Bitcoin's dominance dropped to 47.2%. This is due to Ethereums run up lately.
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According to Coingecko, Bitcoin's dominance dropped to 47.2%. This is due to Ethereums run up lately.
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https://www.coindesk.com/podcasts/coindesk-podcast-network/tesla-bitcoin-sell-shows-liquidity?utm_source=Iterable&utm_medium=email&utm_campaign=campaign_Newsletter%204/28
There are three articles here that are interesting. The first being Elon Musk selling bitcoin to test liquidity and finding it passed with flying colors. The next that the hypocrisy of JPMorgan doesn't outweigh the greed. And the third is VISA, it's everywhere you want to be. :-) (or something like that)....
Bitcoin dominance is of course going to drop but I still don't see it losing it's place at the top. Just my opinion of course but when there is a "flight to quality" event again, you know where all the money is going....
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Elon clarified that 10% of BTC sold by tesla and not by him and it was part of liquidity in the company.
Yes .. BTC dominance is dropping but still it will be on top and I don't see any other coin replacing it.
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Greed makes the world go around 😀
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Well ETH has all the money and development. Do you think XRP will beat ETH in dominance soon? I have been hearing rumors that it means the end of the bull market if it does.
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I am not optimistic on Ripple. Never was.
However, many are so it is possible. I dont see Ethereum slowing down simply because there are a lot of big money players who could care less about the fees.
That gives that chain a lot of potential since there are a ton of big money players out there.
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XRP is never going to bear ETH I think because crossing 5$ xrp price is very big thing it seems
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Yea I don't think so either but there are a few that think that it is possible since it was #2 once in the past.
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i dont think there is much happening with ripple to flip ethereum but I could be wrong.
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Ethereum is going up and up so this could be one of the reasons for BTC dominance drop.
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