Bitcoin Takes Control: BTC’s Market Maintains Dominance Surging To New Highs

Quick Summary:

Bitcoin, the flagship cryptocurrency asset is currently in the limelight after experiencing a price recovery, enabling BTC to surpass the $61,000 threshold.

This rise in dominance suggests that crypto investors are more in demand for BTC, whereas Ethereum’s attraction has not been able to keep up.

With the growing optimism around the crypto asset, it is likely to attract more gains as the bulls seem to have taken control of the market once again.

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Article Details

Author / Journalist: Godspower Owie

Category: Crypto

Markets: Hungary

Topics: Btcusd Bitcoin's Dominance Ethereum Spot Exchange-Traded Funds ICO Fed CryptoQuant Bitcoin ETH Ethereum ETFs Bitcoin News Initial coin offering Btc Federal Reserve BTCUSDT Bitcoin Spot Exchange-Traded Funds FOMC meeting

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-22 @ 18:30:21 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 490 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 16 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 22214111

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 20 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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