Bitcoin Dominance Reaches Highest Level in 2 Years, Impact on Altcoins

The price of the largest cryptocurrency struggled to surpass the $30,000 threshold on the first day of the weekend, while an important Bitcoin (BTC) metric, Bitcoin dominance, reached its highest level in the past 2 years. According to the data provided by Tradingview, the BTC.D chart, which shows the share of Bitcoin from the total value of the cryptocurrency market, is currently above the 52% threshold. The post Bitcoin Dominance Reaches Highest Level in 2 Years, Impact on Altcoins appeared first on COINTURK NEWS.