Bitcoin Price Retests $30,000 Level as Dominance Hits 3-Year High
Bitcoin has retested the $30,000 price level and is currently trading at $30,135, up by 1.47%. Its dominance in the market has also increased to 51.5%, the highest it has been in three years. This growth is attributed to the positive outlook of the market, the recent legal victory of Ripple against the SEC, and the expectation of spot ETF approval. The upcoming Bitcoin halving event is also seen as a potential trigger for its elevated dominance level.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump admits his statement of "ending the Russia-Ukraine conflict within 24 hours" was a joke
Data: BlackRock and six other entities account for 88% of tokenized treasury issuance
Top 5 Altcoins Between $100M–$1B with 5x Growth Potential in 2025
Bitcoin Bounce Triggers Rally: 4 Real World Asset Tokens Gain Over 80%
Trending news
MoreCrypto prices
More
