CryptoMediaClub
Sunday, October 12, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Altcoins Crash Double Digits, Bitcoin Dominance Soars (Market Watch)

10.06.2023
A A
0
126
VIEWS
ShareShare

The past 24 hours saw the majority of altcoins crash by a considerable margin and there are no signs of slowing down.

However, there’s also a clear discrepancy between the price performance of certain altcoins to that of Bitcoin and Ethereum, both of which have remained relatively resilient.

Bitcoin Dominance Soars

Over the past 24 hours, Bitcoin’s dominance increased to around 46% (data from CoinGecko). This is a major difference. The metric tracks Bitcoin’s share relative to that of the rest of the market and is a clear indication of the dynamic between both.

When the BTC dominance rises, it means BTC’s price is performing better than the altcoin market.

Now, the major cryptocurrency is down 3.1% on the day, which is definitely not good news, but the rest of the market is performing a lot worse. This is why the dominance is increasing.

Thanks for subscribing, you will get your first report in the next hours!

Source: TradingView

Altcoins Suffering Tremendously

Cardano, Solana, Polygon, and a lot of other major altcoins are trading well in the red, as seen in the following heatmap.

Source: Coin360

The main reason behind the plummet seems to be the fact that the SEC has listed a lot of them as securities in their latest lawsuit against Coinbase. Another major trading platform – Robinhood, also announced plans to start delisting some altcoins in consideration of the above.

However, it’s worth noting that those cryptocurrencies that haven’t been named in the SEC’s claim are performing a bit better. For instance, Ethereum’s ETH is down only about 5%, while Ripple’s XRP is down around 6%. This is still a lot, but it’s nowhere near the 20% (and more) that coins like ADA< SOL, and MATIC, among others, lost today.

SPECIAL OFFER (Sponsored) Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.

Share10Tweet6ShareSharePin2

Related Posts

A New Opportunity for XRP Investors: Easily Participate in Cloud Mining through PAXMINING
All news

A New Opportunity for XRP Investors: Easily Participate in Cloud Mining through PAXMINING

12.10.2025
0

As the cryptocurrency market evolves, investors are constantly exploring new ways to grow their assets. For XRP holders, simply holding...

Read moreDetails
Fed Cuts Rates, Bitcoin Breaks Records — Join Invro Mining to Embark on BTC Journey

Fed Cuts Rates, Bitcoin Breaks Records — Join Invro Mining to Embark on BTC Journey

11.10.2025
Early Bitcoin Whale Shorted $1.1B Right Before Tariffs, Now Up $27M – How Did He Know?

Early Bitcoin Whale Shorted $1.1B Right Before Tariffs, Now Up $27M – How Did He Know?

11.10.2025
Crypto Market Flips from ‘Greed’ to ‘Fear’ in 24 Hours – More Crash Coming?

Crypto Market Flips from ‘Greed’ to ‘Fear’ in 24 Hours – More Crash Coming?

11.10.2025
‘This Felt Different’: Why Friday’s Crypto Crash Made History

‘This Felt Different’: Why Friday’s Crypto Crash Made History

11.10.2025
Load More
Next Post

Bitcoin, Ethereum, Tether dominance rises as cybersecurity & fan tokens defy markets

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Here’s What You Need to Know About Crypto Regulatory Roadmap Approved by G20

2 years ago
Russia Expands Use of Bitcoin in Foreign Trade, Says Finance Minister

Russia Expands Use of Bitcoin in Foreign Trade, Says Finance Minister

10 months ago
ADA to Rally 1,225%, XRP to Explode 260% and DOGE to Grow 250% – New Super Bullish Altcoin Forecasts Emerge

ADA to Rally 1,225%, XRP to Explode 260% and DOGE to Grow 250% – New Super Bullish Altcoin Forecasts Emerge

1 year ago
Texas Man Jailed for Evading $1M in Cryptocurrency Taxes

Texas Man Jailed for Evading $1M in Cryptocurrency Taxes

10 months ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Crypto Market Flips from ‘Greed’ to ‘Fear’ in 24 Hours – More Crash Coming?

‘This Felt Different’: Why Friday’s Crypto Crash Made History

XRP Price Prediction: XRP is Expected to Surpass $30 by 2026, and Holders Can Have Their Coins Work for Them Using Arc Miner

Ethereum Price Prediction: Is the Flash Crash a Buying Opportunity for Long-Term ETH Holders?

How Tether’s $127B in US Treasuries will hit top-5 foreign holders by 2033

Solana Price Prediction: Public Company Taps Coinbase to Buy Millions in SOL – Wall Street is Here

Trending

A New Opportunity for XRP Investors: Easily Participate in Cloud Mining through PAXMINING
All news

A New Opportunity for XRP Investors: Easily Participate in Cloud Mining through PAXMINING

12.10.2025
0

As the cryptocurrency market evolves, investors are constantly exploring new ways to grow their assets. For XRP...

Fed Cuts Rates, Bitcoin Breaks Records — Join Invro Mining to Embark on BTC Journey

Fed Cuts Rates, Bitcoin Breaks Records — Join Invro Mining to Embark on BTC Journey

11.10.2025
Early Bitcoin Whale Shorted $1.1B Right Before Tariffs, Now Up $27M – How Did He Know?

Early Bitcoin Whale Shorted $1.1B Right Before Tariffs, Now Up $27M – How Did He Know?

11.10.2025
Crypto Market Flips from ‘Greed’ to ‘Fear’ in 24 Hours – More Crash Coming?

Crypto Market Flips from ‘Greed’ to ‘Fear’ in 24 Hours – More Crash Coming?

11.10.2025
‘This Felt Different’: Why Friday’s Crypto Crash Made History

‘This Felt Different’: Why Friday’s Crypto Crash Made History

11.10.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz