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 was the lowest Bitcoin dominance in December 2017?
Bitcoin dominance breaks down In just 5 weeks—between December 4, 2017, and January 8, 2018—it dropped from 71% to 35.5% .
Read moreWhat was Bitcoins high in 2013?
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 is Btcdown coin?
What is BTCDOWN? BTCDOWN is a Short Bitcoin with Up to 3x Leverage . Generate 1.5x-3x leveraged gains when the price of Bitcoin declines. Binance Leveraged Tokens are tradable assets (off-chain tokens) in the Binance spot market that give users leveraged exposure to the underlying asset.
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.
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