4
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.
“Impossible” for BTC dominance to spike if ETH pattern holds
“It is basically impossible for Dominance to push higher if ETH continues higher against BTC,” Hyland added.
Bitcoin (BTC) dominance — a measure of Bitcoin’s share of the market — is at 63.82% at the…
