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Cryptocurrency News Articles
Bitcoin Dominance Could Peak Soon, Opening the Doors for Altcoin Rally
Apr 15, 2025 at 03:34 am
Prominent trader Crypto Kaleo expects Bitcoin dominance to peak soon, which would spark a rally in altcoins compared to Bitcoin.
Cryptocurrency markets are trading sideways on Monday amid ongoing tariff uncertainty.
What Happened: Prominent trader Crypto Kaleo expects Bitcoin dominance to peak soon, which would spark a rally in altcoins compared to Bitcoin.
Bitcoin dominance is showing signs of a potential top and a shift back into altcoins could be seen soon.A peak in Bitcoin dominance has typically been followed by outperformance in altcoins compared to Bitcoin. Could be setting up for another round of altcoin season. pic.twitter.com/yT9z9zM8zP
— Crypto Kaleo (@CryptoKaleo) August 7, 2023
Analyst Altcoin Sherpa has bad news for Ethereum investors, stating that “you shouldn’t long this coin” until it shows strength. He does not expect a reversal any time soon and expects Ethereum to hit 2019 levels on the Bitcoin trading pair.
Still think you shouldn't long this coin until it shows some strength.Don't expect a reversal any time soon and wouldn't be surprised to see ETH hit 2019 levels on the BTC pair again. https://t.co/z962J81A8v
— Altcoin Sherpa (@AltcoinSherpa) August 7, 2023
Trader Cold Blooded shiller highlights $87,000 as a key level for a “significant change in market momentum,” which would provide the “simplest, cleanest long setup in two months.”
Above $87,000 for BTC would mark a significant change in the market momentum.
You can also see this simplicity on the candle chart with the RSI consistently rejecting at the 50 level.
When these break upwards it'll be the simplest, cleanest long set ups we've seen in two months. pic.twitter.com/Rp417jDODQ
— Cold Blooded Shiller (@CBShiller) August 7, 2023
See More: Best Cryptocurrency Scanners
Top Gainers (24 Hour)
At the time of writing, Bitcoin was trading at $81,186, showing a 24-hour gain of 0.31%. Ethereum was observed at $1,640, displaying a rise of 0.14% over the past 24 hours.
Read Next: Bitcoin Miner Core Together In New Integration For Improved Network Security
This article is written with the assistance of AI.
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Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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- Dogecoin (DOGE) price looks primed for a powerful surge after a crypto analyst identified a bullish Falling Wedge pattern
- Apr 16, 2025 at 01:45 pm
- According to the analyst, Dogecoin has just broken above this pattern, potentially confirming a market bottom. This breakout has paved the way for a possible 95.74% rally toward a new price target.
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- Bitcoin Price Faces Pressure Amid Massive Outflows
- Apr 16, 2025 at 01:35 pm
- The Bitcoin price continues to face headwinds, as the latest report on Digital Asset Fund Flows shows a staggering $751 million in outflows from the digital asset. The sheer volume of this withdrawal raises alarm bells about whether institutions may be cashing out from the flagship cryptocurrency.
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- Ripple Eyes a Landmark SEC Settlement Paid in XRP as CEO Brad Garlinghouse Boldly Forecasts Bitcoin Hitting $200,000
- Apr 16, 2025 at 01:25 pm
- Ripple Chief Executive Brad Garlinghouse said the company’s settlement with the U.S. Securities and Exchange Commission (SEC) could potentially involve payment in XRP. He also offered a bullish outlook on bitcoin’s future price during an April 10 interview with Fox Business.
