Bitcoin's market dominance has risen above 61%, its highest level in months, signaling increased investor confidence amid market uncertainty. Despite Bitcoin's growing share of total crypto market value, altcoins continue to see robust trading activity, capturing 49% of total volume on Binance in March. This indicates a dual market strategy where investors seek Bitcoin's relative safety while actively trading altcoins for potential gains. The coexistence of rising Bitcoin dominance and strong altcoin volume suggests a dynamic market with diverse investor behaviors and no clear winner yet between Bitcoin and alternative cryptocurrencies.
Bitcoin remained stable around $65,800 ahead of the Federal Reserve's first rate decision under new Chair Kevin Warsh, gaining 7.4% over the week. Meanwhile, altcoins saw strong gains with Uniswap's UNI jumping 22.5% after Standard Chartered set a $1...
Bitcoin options open interest surpassed $36 billion, indicating strong market participation with a bullish medium-term outlook. Calls dominate 59% of open interest, showing traders expect upside, but near-equal daily volume of calls and puts reflects...
Gate has added RLUSD trading pairs with BTC, ETH, XRP, and USDT, providing direct access to Ripple's dollar-backed stablecoin. Ripple highlights that the XRP/RLUSD pair enhances interoperability and capital efficiency in digital asset markets. To enc...
Leading cryptocurrencies including Bitcoin, Ethereum, XRP, and Dogecoin fell as investors took profits, with Bitcoin dropping back into the $65,000 range after nearing $67,000. Over $340 million was liquidated in 24 hours, reflecting high market vola...
Bitcoin briefly climbed to $67,210, its highest since June, driven by eased geopolitical tensions after US President Trump announced progress in Middle East talks and reopening of the Strait of Hormuz. This sparked a market rally with oil prices drop...
