Is Bitcoin Dominance topping out? If so, traders should expect…
2025-07-18 02:08:24
Main Idea
The article discusses the potential implications of Ethereum's recent outperformance over Bitcoin, suggesting that a continued bullish trend in ETH/BTC could indicate a peak in Bitcoin Dominance (BTC.D), which may impact traders and investors.
Key Points
1. Ethereum (ETH) has rallied 44% from its lows in early July, with potential for further gains driven by ETF inflows.
2. The ETH/BTC pair has shown a bullish structure break, challenging resistance levels, which could signal an uptrend.
3. Analyst Matthew Hyland suggests that if ETH/BTC maintains its bullish bias, there is a 99% chance Bitcoin Dominance (BTC.D) has peaked.
4. A topped BTC.D could be positive for altcoin investors, but traders should account for potential pullbacks in ETH/BTC.
5. The article highlights the importance of monitoring ETH/BTC trends for insights into Bitcoin's market dominance and broader crypto market dynamics.
Description
If ETH/BTC can continue to trend higher, it will mean BTC.D can not move higher too- what does this mean for traders and investors?
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