Bitcoin (BTC) was still trading above $20,000, roughly flat from 24 hours earlier, as the largest cryptocurrency by market capitalization continues to trade in a tight range. BTC tested highs of $20,440, before retreating to current levels. Bitcoin dominance, a measure of the BTC’s market cap relative to the market cap for all cryptocurrencies, has increased to 41% since hitting a 2022 bottom of 39% on Sept 10. The uptick in BTC dominance highlights a shift in overall investment in cryptocurrencies, to bitcoin.
Bitcoin Supercycle? Jeff Park Says Gold’s $1T Positive aspects Might Spark It
In a wide-ranging interview with Anthony Pompliano revealed on October 2, Jeff Park, accomplice and Chief Investing Officer at ProCap...