Bitcoin Poised to Lead as Dominance Increases, Altcoins Lose Support: Glassnode Co-Founders

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Bitcoin Poised to Lead as Dominance Increases, Altcoins Lose Support: Glassnode Co-Founders In a recent report shared on X (formerly Twitter), the co-founders of Glassnode, Jan Happel and Yann Allemann, discussed the current trends in the cryptocurrency market.

In their report, Happel and Allemann highlighted the increasing volatility among altcoins, where market sentiment seems to be shifting away from altcoins toward Bitcoin.

For now, Bitcoin is leading the market, while altcoins find themselves in a challenging period, largely due to a lack of support and market volatility.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: BITCOIN ALTCOINS Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 11:41:46 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 705 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 23 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 24597239

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 14 posts per day

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Headquarters: India

News Last Updated: 15 hours ago

Coverage Areas: India

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