Bitcoin takes parity with US dollar. Price rose from $150 in October to $200 in November, reaching $1,242 on 29 November 2013. The lowest price since the 2012–2013 Cypriot financial crisis had been reached at 3:25 AM on 11 April. Price broke above the November 2013 high of $1,242 and then traded above $1,290.
Read moreWhat was Bitcoin trading for in 2013?
Bitcoin Price in 2013: $13- $1,100 The price consolidated for about six months until another historic rally in November and December of that year, when the price peaked out at $1,100. This bull run saw Bitcoin’s market cap exceed $1 billion for the first time ever.
Read moreWill altcoins rise with Bitcoin?
Short answer. Not often . Bitcoin rarely gets boosted by altcoins.
Read moreWhat does Bitcoin dominance mean?
Bitcoin dominance is the ratio between the market capitalization of Bitcoin to the total market cap of the entire cryptocurrency market . When we compare this ratio to the trend of Bitcoin itself, we can learn more about what opportunities the current market environment offers.
Read moreWhat is TOTAL2?
TOTAL2 shows total market capitalization of the top-125 cryptocurrencies, excluding BTC . OTHERS shows total market capitalization of the top-125 cryptocurrencies, excluding BTC and some other top cryptocurrencies.
Read moreWhat happens if BTC dominance goes up?
When BTC Dominance goes up, alts, on the whole, lose value against BTC . When BTC Dominance goes down, alts on the whole, gain value vs BTC.
Read moreWhat is the lowest Bitcoin dominance?
Bitcoin dominance, which measures the cryptocurrency’s market capitalization relative to the total crypto market, dropped to 39.4% Tuesday, the lowest since May 2018.
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