bullish

Bitcoin

Altcoin Dominance Hits 4-Month High

194 Views25 Jul 2023 06:35
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SUMMARY
  • 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.
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