Altcoin Reckoning Nears End as Bitcoin Dominance Rises, Says Analyst

Quick Summary:

But analyst Benjamin Cowen says a shift in the market may soon favor altcoins.

Bitcoin’s dominance hit 60.5% this week, putting pressure on altcoins.

Cowen said in a post on X that the "grand finale of the altcoin reckoning has finally arrived.” He thinks this "reckoning” could end as early as December, suggesting that altcoins […]

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Article Details

Author / Journalist: Abdulkarim Abdulwahab

Category: Crypto

Markets: India

Topics: BTC Market News Altcoin News News Market Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 11:40:00 (1 days ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 197 words

Reading Time: 2 minutes read

Sentences: 50 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 23395367

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 13 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 13 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

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News Language: English

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Publisher ID: #124

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