Bitcoin Trader Warns of Correction as BTC Dominance Reaches 2021 Levels; Solana...

Bitcoin Trader Warns of Correction as BTC Dominance Reaches 2021 Levels; Solana Leads Market Gains

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Source: Coindesk.com

While bitcoin and other major cryptocurrencies showed minimal movement, Solana's SOL token surged by 5% to $173, leading the market gains with a 14% increase over the week. Bitcoin's market dominance reached over 57%, the highest since April 2021, indicating a market preference for Bitcoin's stability over altcoins. Although one trader holds a bearish view.

Read More https://www.coindesk.com/markets/2024/10/24/bitcoin-trader-warns-of-correction-as-btc-dominance-reaches-2021-levels-solana-leads-market-gains/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Bitcoin Trader Warns of Correction as BTC Dominance Reaches 2021 Levels; Solana Leads Market Gains" appeared first here Coindesk.com.

Source: Coindesk.com

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