ChristopherWilson
Mon Jul 08 2024
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5 answers
1141
Are crypto bull markets influenced by traditional markets?
Could you elaborate on the potential influence of traditional financial markets on crypto bull markets? Do you believe there's a direct correlation between the two, or are there other factors at play? Given the volatile nature of cryptocurrencies, how do you assess the extent of this influence? Do traditional investors tend to influence crypto markets, or is it the other way around? What are some key indicators that suggest a correlation between traditional and crypto markets? Finally, how can investors keep track of these potential influences to make informed decisions?
Caterina
Sun Jul 07 2024
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5 answers
1235
What is bitcoin dominance & how is it influenced?
As a cryptocurrency enthusiast, I'm often intrigued by the concept of 'bitcoin dominance' and its fluctuations in the market. Could you please elaborate on what bitcoin dominance actually means? Specifically, how is it calculated and what factors typically influence its value? I'm interested in understanding the role it plays in the broader cryptocurrency ecosystem and how investors and traders utilize this metric in their decision-making processes. Additionally, are there any trends or patterns you've observed in bitcoin dominance over time that could provide insights into its future movements?
