Total crypto market cap is 2.34 trillion dollars, down 5.47 percent in a single day. 📊
CoinGecko global data checked at 23:00 PKT puts total market cap at 2.344 trillion dollars, down 5.47 percent in 24 hours, with Bitcoin dominance at 58.98 percent and Ether dominance at 10.10 percent. 📉 Bitcoin is down 4.10 percent in 24 hours, Ether down 3.76 percent, Solana down 2.04 percent, and most large caps are red, which tells me this is a market wide sell off, not a single coin problem. My reading is that dominance near 59 percent means capital is hiding in Bitcoin, not rotating into altcoins, and alt season stays far away until dominance actually falls with prices rising, not while everything falls together.
Does dominance break 60 percent as fear peaks, or do altcoins finally catch a bid? 🤔
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#Crypto #Bitcoin #FuturesTrading #TradingSignals #MarketCap
CoinGecko global data checked at 23:00 PKT puts total market cap at 2.344 trillion dollars, down 5.47 percent in 24 hours, with Bitcoin dominance at 58.98 percent and Ether dominance at 10.10 percent. 📉 Bitcoin is down 4.10 percent in 24 hours, Ether down 3.76 percent, Solana down 2.04 percent, and most large caps are red, which tells me this is a market wide sell off, not a single coin problem. My reading is that dominance near 59 percent means capital is hiding in Bitcoin, not rotating into altcoins, and alt season stays far away until dominance actually falls with prices rising, not while everything falls together.
Does dominance break 60 percent as fear peaks, or do altcoins finally catch a bid? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #MarketCap
