NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin, Ethereum, Solana Rally Towards All-Time Highs: Top Analysts Share Predictions
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin, Ethereum, Solana Rally Towards All-Time Highs: Top Analysts Share Predictions

Bitcoin Dominance Dives As Ethereum Takes Up More Space

Best Owie
Best Owie
1 year ago
3 mins read
bitcoin ethereum

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The recent market recovery has seen digital assets such as Bitcoin and Ethereum put on significant amounts of value over the last couple of days. However, there have been some who have been market leaders in this regard, and Ethereum is one of them. The digital asset had rallied upwards due to the announcement that the Merge was happening in September, but that is not the only aspect where the second-largest cryptocurrency in the crypto market had recorded a recovery.

Ethereum Steals Market Dominance

Ethereum’s rally above $1,500 had seen its market cap grow above $190 billion once more. The digital asset had posted some of the largest gains over the last couple of weeks, with a more than 40% recovery. This has seen the asset’s dominance across the industry grow.

Related Reading | Liquidations Cross $230 Million As Ethereum Barrels Past $1,400

Although Ethereum still remains the cryptocurrency with the second-largest market dominance, it has added more over the last two days. This has seen it creep into bitcoin’s market cap as the pioneer cryptocurrency struggles to keep up with the market gains. 

Over the last couple of days, bitcoin has watched its market dominance declined by more than 2%. This market share was quickly soaked up by Ethereum, which has seen its dominance rise in this time period. It added more than 2% to go from straggling around $16% to its current dominance of 18.9%.

Ethereum market dominance chart chart from TradingView.com

ETH dominance adds 2% | Source: Market Cap ETH Dominance on TradingView.com

It is expected to steal more market share from bitcoin as its price continues to grow. However, it is still a long way off from its all-time high, which had seen its dominance rise as high as 32% back in the bull market of 2017.

ETH Sets Sight On $1,700

Ethereum has now broken above an important technical point. After trending below the 50-day moving average for the better part of last month, ETH has flipped this technical level and is now sitting comfortably above it. The implication of this has been a complete 180-degree turn from bearish to bullish, especially during the short term.

Related Reading | The Worst May Be Over As Crypto Market Adds More Than $100 Billion

After defying the bears and recovering above $1,500 this week, it is now headed towards the next important technical level. Even as the recovery trend continues, the bears have begun to mount resistance at the $1,700 level. A break above this point is important for Ethereum in the short term.

If Ethereum is able to successfully beat the resistance at $1,700, the next important level becomes $1,936. This point ensures that there is not much resistance up until $2,500. However, a failure to beat the bears at $1,700 could send the digital asset spiraling down to $1,300.

Featured image from The Guardian Nigeria News, chart from TradingView.com

Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet…

Tweet123Share196ShareSend
Best Owie
Best Owie

Best Owie

Best Owie is a seasoned managing editor with a wealth of experience currently serving as the Managing Editor at NewsBTC. Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality.

Read more

Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best’s publications, which are always clear and concise, enabling easy reading and understanding for all.

Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best’s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community.

Best’s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information.

Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity.

When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world’s most quiet and well-behaved Husky. Best’s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well.

As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers.

Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best’s prolific career in the media industry is a testament of how hard work and dedication pays.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

99% Of Bitcoin Supply In Profit – What This Means For Price

Bitcoin’s price gain in the last week has resulted in multiple other positive developments, ranging from a surge in ETF...

Semilore Faleti 7 hours ago
XRP

5 Months To $50? XRP’s ‘Alignment’ Has Traders On Edge

According to veteran investor Pumpius, who says he has watched crypto since 2013, XRP may be poised for a sharp...

Christian Encila 9 hours ago
Bitcoin

Bitcoin Pricing Bands Point To $140,000 Target But On This Condition – Analyst

Bitcoin (BTC) has maintained a strong bullish performance over the past seven days, with the price gaining by approximately 12%....

Semilore Faleti 11 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Bitcoin Just Did It — New Record High Above $125,000 This ‘Uptober’

Christian Encila 4 hours ago
Bitcoin

Whales Go All-In As Bitcoin, Ethereum ETFs Record $4.5 Billion Inflows

Scott Matherson 5 hours ago
De belangrijkste crypto trends Q4 2025 - Wisdomtree gigantische analyse

De belangrijkste crypto trends Q4 2025 – Wisdomtree gigantische analyse

Lars Diederiksen 6 hours ago

Premium Sponsors

Press Releases

  • イーサリアム 今後の価格動向:アルトコイン市場の勢いで1万ドル上昇を狙う

    イーサリアム...

    9 hours ago
  • ビットコイン 今後の展望:12万ドル到達で強気相場に勢い、しかし警戒すべきパターンも出現

    ビットコイン...

    9 hours ago
  • シバコイン 今後 の価格予測:Uptober初日に上昇転換、次の展開が市場を驚かせる可能性

    シバコイン 今後...

    10 hours ago
  • リップル 今後の展望:SWIFTがイーサリアム企業と提携し、支払いレースの主導権はどう動く?

    リップル...

    10 hours ago
  • 仮想通貨おすすめ10月4日版 ― 投資家が見るXRP、ソラナ、カルダノ

    仮想通貨おすすめ10月4日版 ―...

    2 days ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.