Bitcoin Rises While Ethereum, Dogecoin Slip — ‘Market Isn’t Going To Peak In The Next 6 Months,’ Says Popular Analyst
The world’s largest cryptocurrency continues to dominate the market, representing 62.2% of the total crypto market capitalization, which currently stands at $3.33 trillion.
| Cryptocurrency | Gains +/- | Price (Recorded at 11.30 p.m. ET) |
| Bitcoin (CRYPTO: BTC) | +1.30% | $104,232 |
| Ethereum (CRYPTO: ETH) | -0.47% | $2,577 |
| Dogecoin (CRYPTO: DOGE) | -3.15% | $0.2266 |
Bitcoin’s dominance increased by 0.74% over the last day, while Ethereum’s share declined to 9.3%.
Federal Reserve Chair Jerome Powell signaled on Thursday that the central bank is reassessing its approach to inflation and employment as part of a major policy review.
The CMC Crypto Fear and Greed Index currently registers a score of 69, indicating “Greed” in the market. This represents a slight decrease from yesterday’s reading of 71 but remains elevated compared to last month’s score of 29, which signaled “Fear,” according to data from CoinMarketCap.
Meanwhile, traditional markets show modest gains, with S&P 500 futures up …
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