A strong ETH may indicate that BTC's market share has peaked, with market funds flowing into Ethereum and alts.
Golden Finance reported that crypto analyst Matthew Hyland stated that if the price of Ethereum continues to rise, Bitcoin's market dominance may have peaked. Hyland posted on X platform on Tuesday saying, "If ETH moves into an uptrend against BTC and maintains a strong momentum, the likelihood of Bitcoin's market share peaking is as high as 99%." In the past 7 days, Bitcoin's market share has dropped by 1.85%, and crypto trader Ash Crypto indicated that this is because "funds are fl
View OriginalGolden Finance reported that crypto analyst Matthew Hyland stated that if the price of Ethereum continues to rise, Bitcoin's market dominance may have peaked. Hyland posted on X platform on Tuesday saying, "If ETH moves into an uptrend against BTC and maintains a strong momentum, the likelihood of Bitcoin's market share peaking is as high as 99%." In the past 7 days, Bitcoin's market share has dropped by 1.85%, and crypto trader Ash Crypto indicated that this is because "funds are fl