Bitcoin Dominance Reaches 60%
03
Feb, 2025

Bitcoin Dominance Reaches 60%

Despite the initial turbulence of the sell-off, Bitcoin managed to recover and bring several investors to previous levels.

 

We see that when Bitcoin loses value, the other altcoins lose multiple values ​​and their price drops a lot. This happens because investors essentially lose faith in specific projects.

 

However, when Bitcoin starts to recover, the other altcoins cannot follow as they do not have the same depth in the market.

 

The recent example was seen when Bitcoin fell by 7.3% while Ethereum and XRP fell by 9.3% and 13.8% but in the other altcoins, the fall was much greater.

 

With this move, the market is now 60% on the side of Bitcoin, so anyone looking at altcoins should see when it starts to move up to Bitcoin.

 

Our company, BCASH™, is a licensed Greek company by the Hellenic Capital Market Commission (exchange license) and manufactures/operates cryptocurrency ATMs throughout Greece. One of the locations is at Kalamata, Greece, while you can find all the locations where our ATMs are placed at https://bcash.eu/en/locations

 

Almost all of the spaces are private and autonomous with high-security standards. Most of the locations offer free wireless internet connection.

 

At BCASH™ ATMs, you can buy and sell cryptocurrencies at the best market rate, such as Bitcoin | Ethereum | USDT | Litecoin | Dash | XRP | XLM.

 

If you have any questions, you can contact our customer support service at +30 6987812000 & +30 6998499499 (Viber, Whatsapp, Telegram supported).