‘99% chance’ Bitcoin dominance has peaked if Ethereum surge continues
The odds are low that Bitcoin dominance will continue pushing higher if Ether holds its current bullish uptrend, says crypto analyst Matthew Hyland
Crypto analyst Matthew Hyland says that Bitcoin’s market dominance has reached its peak if the price of Ether continues its upward trend.
“If ETH breaks bullish and remains bullish against BTC there is a 99% chance BTC Dominance has topped,” Hyland said in an X post on Tuesday.
“It is basically impossible for Dominance to push higher if ETH continues higher against BTC,” Hyland added.