- It is used to identify potential trading opportunities.
For example, if dominance or holding is high for#BTCit may be a sign that the downtrend is about to continue.
- If the#BTCholding declines, it may be a good indicator for the rest of the currencies to rise.
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What is the relationship between Altcoins, Dominance and Bitcoin? :-
🔴 Simply Dominance: It is the percentage of possession or dominance of#Bitcoin💸 in the digital currency market, and the lower the percentage, the greater the opportunity for other currencies to rise 🕯
⬅️ Here is how you can benefit from acquiring Bitcoin:-
Bitcoin Wholecoiner Flows on Binance Drop Sharply. This decline in active wholecoiners reflects both reduced selling pressure and a gradual transformation of market structure, with a growing share of supply becoming increasingly illiquid over time.
Gold prices are witnessing a decline concurrent with oil, often due to inflation fears stemming from rising energy costs, prompting investors to sell gold and shift towards liquidity..
This decline is also reinforced by rising yields on the US dollar, which diminishes gold's appeal as a safe haven during times of tension.
♦️Reasons for gold's decline with oil:
- Inflation and liquidity fears: When oil prices rise, costs increase, prompting investors to sell for liquidity. Inverse relationship with the dollar: Inflation forces the US Federal Reserve to keep interest rates high, strengthening the dollar and weakening gold. - Geopolitical tensions: While they can be a factor for rising prices, they may also cause rapid fluctuations that temporarily drive gold down.
J.P. Morgan Bank stated that Bitcoin exchange-traded fund flows have surpassed gold exchange-traded fund flows since the beginning of the war, with IBIT fund assets rising by about 1.5% while GLD fund assets fell by about 2.7%.
WHALES ARE LOADING UP ON #BITCOIN Whales have accumulated $23.5 billion worth of Bitcoin over recent weeks — marking the fastest buying pace since 2012.
This level of accumulation from large holders signals strong long-term conviction, even as short-term price action remains choppy.
Spot Bitcoin ETFs push the price of Bitcoin up The increasing adoption of Bitcoin by institutions and the growing number of retail investors interested in investing in it are key factors that have contributed to its recent price increase, reaching its all-time highs.
💣 A dormant wallet from 14 years suddenly came back to life today! 😱 All its contents were converted: 10,000 Bitcoin = over 1.09 billion dollars 🔥
The shock? They were received on April 3, 2011… and the price of Bitcoin at that time was only $0.78 per piece 🪙 That means turning $7,400 into about 1.1 billion 😳
In the crypto world… patience is not just a key, patience is a treasure 💎
If it were your wallet, how much would you sell it for? 😄 $BTC
Last week saw inflows of $3.3 billion into digital assets, bringing year-to-date inflows to a record level of $10.8 billion, with total assets under management (AuM) reaching an all-time high of $187.5 billion.
📌 Key events:
Bitcoin #BTC led the wave of inflows with an astonishing $2.9 billion.
Bitcoin products experienced their largest weekly inflow since December 2024, totaling $12.7 million.
💡 These figures illustrate the growing confidence of institutions and individuals in the cryptocurrency market, especially in Bitcoin, even as some traders hedge with short positions. Capital rotation is real - keep a close eye on the upcoming main trend. $BTC