🔽 The market corrected amid liquidations
In the past 24 hours, liquidations totaling over $1.3 billion were recorded, which contributed to a nearly 4% drop in #BTC. Meanwhile, inflows into spot #Bitcoin #ETFs continue to grow — just yesterday, $817 million flowed into this instrument.
📌 While digital gold tries to recover from the drop and stabilize at the $90,000 level, Bitcoin’s dominance index over altcoins reached its highest level in three years — 61%, indicating greater market interest in #BTC.
🕯 Historically, a decrease in this indicator is seen as the start of alt season, but we’re likely still far from that, as alts have currently fallen by an average of 10%-20%. Analysts at #Copper believe Bitcoin’s peak may only come at the end of May next year.
🔥 — Waiting for alt season
💯 — Waiting for Bitcoin at $200K
#CryptoNews
✅ Join our chat, where KickEX experts will answer any of your questions regarding trading and the exchange's operations.
In the past 24 hours, liquidations totaling over $1.3 billion were recorded, which contributed to a nearly 4% drop in #BTC. Meanwhile, inflows into spot #Bitcoin #ETFs continue to grow — just yesterday, $817 million flowed into this instrument.
📌 While digital gold tries to recover from the drop and stabilize at the $90,000 level, Bitcoin’s dominance index over altcoins reached its highest level in three years — 61%, indicating greater market interest in #BTC.
🕯 Historically, a decrease in this indicator is seen as the start of alt season, but we’re likely still far from that, as alts have currently fallen by an average of 10%-20%. Analysts at #Copper believe Bitcoin’s peak may only come at the end of May next year.
🔥 — Waiting for alt season
💯 — Waiting for Bitcoin at $200K
#CryptoNews
✅ Join our chat, where KickEX experts will answer any of your questions regarding trading and the exchange's operations.