Despite the stable course of Bitcoin in the crypto market, the loss of value in altcoins attracts the attention of investors. Experts state that there is a relationship with Bitcoin Dominance (BTC.D) in the decline of altcoins. They point out that as Bitcoin becomes more active in the market, the pressure on altcoins increases and this leads to price declines.
While Bitcoin lost 0.75% in the last 24 hours, major altcoins such as Ethereum fell over 1%. It is observed that Binance Coin (BNB), Solana (SOL) and other major altcoins have lost value at similar rates.
When examining the 10 largest altcoins by market cap, they all seem to be in a downward trend. BNB, SOL, Ripple's XRP, Cardano's ADA, Avalanche's AVAX, and Dogecoin's DOGE are experiencing declines in excess of 3%.
Bitcoin Dominance is defined as a metric that shows the ratio of Bitcoin to the total crypto market cap. According to the latest data, BTC.D has increased by 53.44% and has been increasing continuously since December 28, 2023.
Experts state that this increase in BTC.D causes a retreat in altcoins, but this may create buying opportunities for investors and there may be strong increases in altcoins in the future. An increase in BTC.D may indicate an increase in interest in Bitcoin, while a decrease may indicate an increase in demand for altcoins. This ratio is considered an important indicator in evaluating market trends.
PLEASE READ CAREFULLY FOR A GIFT OF 10 DOLLARS.
THIS IS A BINANCE CAMPAIGN MADE SPECIALLY FOR ME. WHEN YOU REACH THE CALL CENTER, THEY WILL CONFIRM THIS INFORMATION. SO THIS IS A CAMPAIGN MADE FOR YOU THROUGH ME.
My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.
Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward until JANUARY 31 can do so. After activating your account, it is enough to open a transaction of 200 dollars, that is, 200 USDT.
Let me give you a tactic: Even if you open and close a $10 forward transaction at 10x, you will have a volume of $200. Let me give you a tip :)
However, even if you do this after January 31, your reward will not come. So get it done by January 31st. In fact, right now I say you can fix it in 5 seconds.
Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open your 50 USDT transaction and get your 10 USDT reward.
WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARD section of your Binance application after 14 BUSINESS days, starting from JANUARY 31. By activating it from there, you can use your reward of more than 10 dollars, or 290 liras, in futures transactions.
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BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.
