Crypto at a Turning Point: Bitcoin Dominance vs. a Bullish Ethereum Setup
- The crypto market is at a turning point, with BTC Dominance and Ethereum showing opposing signals
- Bitcoin Dominance is testing its 50-week moving average, a key level for the altcoin market
- Ethereum has flashed a bullish “golden cross” signal not seen since before the 2020 bull run
The crypto market is currently at a turning point, with Ethereum eyeing a breakout and Bitcoin dominance sitting on a key support level.
Bitcoin Dominance: The Deciding Factor for Altcoins
Bitcoin dominance is currently sitting at the 50-week moving average, a level that has historically acted as a major support zone. (see chart).
This same setup occurred in November 2024. At that time, Bitcoin dominance bounced off this moving average, putting a halt to hopes for an altcoin season and triggering a sharp increase in BTC’s market share.
Context Check: Bitcoin’s current stalemate is part of a “calm bull run.” Get our full analysis on its historically low volatility
A sustained break below the 50-week average (near 60%) could open the door for altcoins to outperform. On the other hand, a bounce from this level may once again shift momentum …
The post Crypto at a Turning Point: Bitcoin Dominance vs. a Bullish Ethereum Setup appeared first on Coin Edition.
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[LIVE] Crypto News Today: Latest Updates for August 07, 2025 – BTC Enters ‘Trapdoor’ Territory as ETF Outflows, Weak Volume Weigh on Market
[LIVE] Crypto News Today: Latest Updates for August 06, 2025 – Crypto Market Sinks as Stagflation Fears Mount, BTC Falls to $113K, XRP Drops 4%
Crypto at a Turning Point: Bitcoin Dominance vs. a Bullish Ethereum Setup
- The crypto market is at a turning point, with BTC Dominance and Ethereum showing opposing signals
- Bitcoin Dominance is testing its 50-week moving average, a key level for the altcoin market
- Ethereum has flashed a bullish “golden cross” signal not seen since before the 2020 bull run
The crypto market is currently at a turning point, with Ethereum eyeing a breakout and Bitcoin dominance sitting on a key support level.
Bitcoin Dominance: The Deciding Factor for Altcoins
Bitcoin dominance is currently sitting at the 50-week moving average, a level that has historically acted as a major support zone. (see chart).
This same setup occurred in November 2024. At that time, Bitcoin dominance bounced off this moving average, putting a halt to hopes for an altcoin season and triggering a sharp increase in BTC’s market share.
Context Check: Bitcoin’s current stalemate is part of a “calm bull run.” Get our full analysis on its historically low volatility
A sustained break below the 50-week average (near 60%) could open the door for altcoins to outperform. On the other hand, a bounce from this level may once again shift momentum …
The post Crypto at a Turning Point: Bitcoin Dominance vs. a Bullish Ethereum Setup appeared first on Coin Edition.
Read More
[LIVE] Crypto News Today: Latest Updates for August 07, 2025 – BTC Enters ‘Trapdoor’ Territory as ETF Outflows, Weak Volume Weigh on Market