The leading cryptocurrency Bitcoin (BTC) has been showing volatile movements in the last minutes. The bull-bear war in Bitcoin has started to be felt again as of today. The sharp movements of BTC continue to attract the attention of investors.
Bitcoin experienced a sudden rise to the levels of $ 27,068 in the last hours. BTC, which gained 3 percent in a short time, seems to have surrendered to the bears again in the last minutes.
Although BTC managed to surpass $27,000, it failed to hold on to the critical resistance. The increase in the selling pressures of the bears caused BTC to fall to $ 26,350 again.
When Will The Expected Rises For Altcoins Start?
Many crypto investors are investing in low-cap altcoins instead of Bitcoin in hopes of higher profit margins. In the last period, the pressure on altcoins continues to increase.
During the rise of the leading cryptocurrency Bitcoin (BTC), the increase in the BTC dominance table prevented the rise of altcoins.
Bitcoin dominance table has exceeded 50 percent levels in the last minutes. As of now, with the withdrawal of BTC, it has been seen that the dominance table has also decreased.
While there are rises in Bitcoin in the coming hours, the decline of the BTC dominance table may enable the start of the altcoin rally that small investors have been waiting for.