RATE Group | Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Pr…
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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Pr…

23 Jul Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Pr…

Posted at 20:51h in Bitcoin News by

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

The market data is provided by the HitBTC exchange.

Why are the altcoins falling even as Bitcoin is finally on the rise? After an extended decline, the bottom fishers usually become the leaders. This is the first indication that a change in trend is around the corner.

For the past few months, Bitcoin’s dominance has been gradually climbing from just under 36 percent in early May to the current value of over 46 percent. This shows that while investors are staying away from the altcoins, they have been accumulating Bitcoin for some time.

Though Bitcoin prices have fallen sharply this year, the interest in BTC futures trading has picked up. The Chicago Mercantile Exchange (CME) reported an increase in its average daily volume of Bitcoin futures…

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