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In today’s briefing:
- Altcoin Dominance Hits 4-Month High
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Altcoin Dominance Hits 4-Month High
- BTC volume dominance has slipped 8% since the start of July following the Ripple ruling, which instantly caused altcoin markets to rally.
- BTC dominance across the top 25 centralized exchanges is currently at its lowest level since April, at 27%.
- Offshore exchanges have experienced a more extreme drop in BTC trading activity, partially due to a spike in South Korean altcoin volume.