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Bitcoin's Dominance Over Altcoins Expected to Persist Until This Significant Event, Predicts Analyst Benjamin Cowen

Bitcoin analyst and trader Benjamin Cowen posits that Bitcoin is set to surpass altcoins in performance. In his latest strategic discussion, Cowen shares this perspective with his 892,000 YouTube followers, predicting that the combined market capitalization of altcoins in comparison to Bitcoin...

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Bitcoin's Dominance Over Altcoins Expected to Persist Until This Significant Event, Predicts Analyst Benjamin Cowen

Article Reboot

Let's discuss Bitcoin dominance and how it's shaping the crypto landscape, all while keeping an eye on US monetary policy!

Bitcoin Dominance: A Quick Run Down

Hey there! Bitcoin dominance? It represents the percentage of the total crypto market capitalization held by Bitcoin. Confused? Essentially, it's calculated by dividing Bitcoin's market cap by the sum of all cryptocurrencies' market caps, then multiplying that by 100%.

Bitcoin Dominance and Monetary Policy Explained

Embracing the Green: Expansionary Policies

During times of loose monetary policies (e.g., quantitative easing), the global money supply increases. The excess liquidity tends to flow into altcoins, enhancing their price performance relative to Bitcoin.

Squeezing the Red: Contractionary Policies

Conversely, during tightening monetary policies (e.g., interest rate hikes), Bitcoin dominance tends to expand as investors seek safe harbors, preferring Bitcoin over other cryptocurrencies.

Altcoins: The Jokers in the Deck

Altcoin Seasons: A Closer Look

Decreasing Bitcoin dominance often triggers an "altcoin season," where alternative crypto assets take the stage and outshine Bitcoin. The underlying cause for this is the increased investor confidence coupled with a growing risk appetite for altcoins.

The US Monetary Policy Effect on Altcoins

Loose monetary policies may propel the overall money supply, fueling speculative investments into altcoins and potentially boosting their performance. However, during financial instability or tightening, altcoins may struggle to stay ahead of the pack compared to Bitcoin.

Wrapping It Up

Bitcoin dominance is a valuable gauge of market sentiment and is heavily influenced by broader economic factors, including the US monetary policy. Comprehending these dynamics can empower investors to make better-informed crypto decisions!

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[Note: This is a rewritten version of the original article with a revamped tone, clarity, and structure. Along with incorporating relevant insights from the enrichment data, approximately 10% of the content is new]

Enrichment Data

The Insightful Side of Bitcoin Dominance

  • A rising Bitcoin dominance often indicates a "risk-off" sentiment, where investors favor Bitcoin as a safer asset. Altcoins usually start performing better during periods of easing monetary policies [1][3].
  • Decreasing Bitcoin dominance indicates increasing confidence in altcoins and a rising market risk appetite [3].
  • An increase in the overall money supply can benefit altcoins by driving speculative investments, potentially enhancing their performance [4].

[1] Bitcoin dominance definition and calculation: https://www.investopedia.com/terms/b/bitcoin-dominance.asp[3] Bitcoin dominance and risk sentiment: https://www.cnbc.com/2021/09/09/bitcoin-price-lower-than-altcoins-may-point-to-turbulent-times-ahead.html[4] Monetary policy and cryptocurrencies: https://www.cryptonews.com/news/crypto-crash-net-realized-capitalization-dips-20-percent-monetary-policy-tightening-10319.htm

  1. The resurgence of Bitcoin's dominance is significantly influenced by the US monetary policy, with expansionary policies driving increased liquidity that tends to flow into altcoins, contrasting tightening monetary policies that boost Bitcoin dominance as investors seek safe harbors.
  2. When Bitcoin dominance decreases, it often triggers an "altcoin season," where alternative crypto assets like Ethereum gain prominence and outshine Bitcoin, due to increased investor confidence and a growing market risk appetite.
  3. Despite heightened interest in altcoins during periods of loose monetary policies, they may struggle to maintain their performance during financial instability or tightening, making Bitcoin a more secure investment choice.
  4. To stay updated on the latest insights and trends in the cryptocurrency market, investors can follow SimpleFX on X, Facebook, and Telegram, and subscribe for email alerts to keep abreast of the evolving landscape, including DEX platforms and altcoins like Bitcoin and Ethereum.
Bitcoin analyst and trader Benjamin Cowen predicts a continued dominance of Bitcoin over altcoins. In his latest strategy talk, Cowen informs his 892,000 YouTube audience that the combined market capitalization of altcoins compared to Bitcoin is expected to persist in a descending trend.
Bitcoin analyst and trader Benjamin Cowen anticipates Bitcoin (BTC) will persistently outshine altcoins. In a fresh strategy discussion, Cowen advises his 892,000 YouTube followers that, compared to Bitcoin, the overall market cap of altcoins (Total3) is likely to maintain a declining trend.
Bitcoin analyst and investor Benjamin Cowen predicts Bitcoin (BTC) will persistently outshine altcoins. In a recent strategy discussion, Cowen shares this perspective with his 892,000 YouTube followers, emphasizing that the combined market value of altcoins (Total3) relative to Bitcoin is expected to persistently decline.
Bitcoin analyst and dealer Benjamin Cowen posits that Bitcoin (BTC) is poised for ongoing superiority over altcoins. In a fresh strategic discussion, Cowen informs his 892,000 YouTube followers that the collective market capitalization of altcoins (Total3) relative to Bitcoin is expected to persist in a downtrend.
Bitcoin analyst and dealer Benjamin Cowen anticipates Bitcoin (BTC) to persistently excel over altcoins. In a fresh strategy seminar, Cowen communicates to his 892,000 YouTube followers that the combined market cap of altcoins (Total3) versus Bitcoin will likely persist in a descending trend.
Bitcoin expert Benjamin Cowen anticipates Bitcoin (BTC) to consistently surpass alternative cryptocurrencies. In a fresh strategic discussion, Cowen communicates this viewpoint to his 892,000 YouTube followers, stating that the combined market capitalization of altcoins (Total3) relative to Bitcoin is projected to persistently decrease.
Bitcoin analyst and trader Benjamin Cowen anticipates Bitcoin (BTC) will surpass altcoins in performance. In his latest strategy discussion, Cowen shares with his 892,000 subscribers on YouTube that the combined market cap of altcoins (Total3) versus Bitcoin will persist in a downward trajectory.
Bitcoin analyst and trader Benjamin Cowen anticipates Bitcoin (BTC) will surpass altcoins in performance. In his latest strategic discussion, Cowen shares with his 892,000 YouTube followers that the combined market capitalization of altcoins (Total3) relative to Bitcoin is predicted to persist in a decline.
Bitcoin analyst and trader Benjamin Cowen anticipates Bitcoin (BTC) to surpass altcoins in performance. In a recent strategy session, Cowen advises his 892,000 YouTube followers that the market cap ratio of altcoins (Total3) to Bitcoin is likely to persist in a downward trajectory.
Bitcoin analyst and trader Benjamin Cowen expects Bitcoin (BTC) to out shine altcoins, according to his latest strategy session. He suggests to his 892,000 YouTube followers that the market capitalization of altcoins (Total3) in relation to Bitcoin will likely keep dipping down.
Bitcoin analyst and investor Benjamin Cowen posits that Bitcoin will persistently surpass altcoins in performance. In his latest YouTube strategy talk, Cowen informs his 892,000 subscribers that the collective market capitalization of altcoins compared to Bitcoin is expected to persist in a descending trajectory.
Bitcoin (BTC) is anticipated to outshine altcoins, according to analyst and trader Benjamin Cowen. In a recent strategy discussion, Cowen, addressing his 892,000 YouTube followers, predicts that the combined market cap of altcoins (Total3) relative to Bitcoin will persist in a downward trajectory.

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