Decoupling from Bitcoin [BTC] – Will it be good or bad for DOGE, its holders

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 68%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

As the broader market continues to sustain its recovery, the likes of Dogecoin are also seeing some growth on the charts. However, growth across the board hasn’t been uniform in any way. In fact, some might argue that Bitcoin’s appreciation has been slower than most. Ergo, maybe separating its path from Bitcoin might play in […]

appreciation has been slower than most. Ergo, maybe separating its path from Bitcoin might play in favor of Dogecoin.Most likely. The correlation that both the assets share was at its lowest on 13 July, which was right after the market invalidated all the incline observed by the altcoin over the month.

First of all, Bitcoin’s growth, while relative to other coins, has been slow and has been good enough for itself. The buying pressure on the coin rose immensely over the weeks, and the king coin is currently closer to saturation than many other cryptocurrencies.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin heads for a resistance retest but here’s why a breakout…Bitcoin [BTC] briefly crossed above $24,000 on 29 July courtesy of a strong mid-week bullish bounce back. This is the second time that the cryptocurrency soared above this price level in July, demonstrating some significant bullish strength. A closer look reveals that there is more to the rally than meets the eye. Just a week […]
Source: CryptoAmb - 🏆 22. / 68 Read more »

BNB hits new ATH against BTC— who is working behind the scenes?Binance exchange cryptocurrency [BNB] reached a new all-time high (ATH) on 29 July. No, it hasn’t surpassed its 2021 levels against the Tether [USDT], but as of 29 July, BNB crossed to an ATH against Bitcoin [BTC]. The most surprising thing about this milestone might be how it has happened in the current market. Before […]
Source: CryptoAmb - 🏆 22. / 68 Read more »

Why Bitcoin investors remain vulnerable despite BTC’s 5% rallyThis week was filled with surprises for even those haven’t been a part of the crypto niche. Bitcoin [BTC] and other cryptocurrencies continued their climb. Now that Bitcoin is above a historical accumulation signal, the question is can it reclaim its title as the inflation hedge? Bitcoin fights back Earlier this week, after the 75 […]
Source: CryptoAmb - 🏆 22. / 68 Read more »