One candlestick, and crypto’s total market cap shoots straight from $2.5 trillion to $6.17 trillion? Fake 😂
▫️On November 9, TradingView’s total crypto market cap chart shot up to around $6.17 trillion in a single green candle
▫️Bitcoin’s market dominance then plunged from around 60% to 24%, making it seem like alt season had arrived overnight
▫️In reality, Bitcoin’s price didn’t budge, and CoinMarketCap still showed its dominance at around 60.3%
▫️The problem was that the total for the top 125 coins was calculated incorrectly. At the end of 2024, it had even shown Bitcoin dominance at 0%
Altcoin fans were brought to tears by another screenshot 😅
Did you get excited at the time? 👇 (Not investment advice)
#比特币 #山寨季 #TradingView
▫️On November 9, TradingView’s total crypto market cap chart shot up to around $6.17 trillion in a single green candle
▫️Bitcoin’s market dominance then plunged from around 60% to 24%, making it seem like alt season had arrived overnight
▫️In reality, Bitcoin’s price didn’t budge, and CoinMarketCap still showed its dominance at around 60.3%
▫️The problem was that the total for the top 125 coins was calculated incorrectly. At the end of 2024, it had even shown Bitcoin dominance at 0%
Altcoin fans were brought to tears by another screenshot 😅
Did you get excited at the time? 👇 (Not investment advice)
#比特币 #山寨季 #TradingView
