Is Bitcoin Dominance About To Give Way To Altseason? Analysts React

Quick Summary:

Bitcoin (BTC) tumbled from a high of $108,135 on December 17 to $99,500, following US Federal Reserve (Fed) Chair Jerome Powell’s hawkish remarks yesterday.

However, some crypto analysts are pinning their hopes on a potential decline in Bitcoin Dominance (BTC.

D) that may pave the way for an altseason.

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Article Details

Author / Journalist: Ash Tiwari

Category: Crypto

Markets: HungaryTogo

Topics: Bitcoin Digital asset BTC.D Altseason Crypto analysis Altcoin Btc Bitcoin dominance Bitcoin News Cryptocurrency BTCUSDT

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-20 @ 13:30:07 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 439 words

Reading Time: 3 minutes read

Sentences: 57 lines

Sentence Length: 8 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 24568047

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 12 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 11 hours ago

Coverage Areas: Hungary

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Publication Timezone: GMT +8:00

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Publisher ID: #105

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