Here's how Bitcoin dominance growth is affected by Ethereum Merge btc eth crypto ethmerge pos $btc eth
in advance, especially given the latter's strongest internal fall in two years on an extremely negative CPI report.
Now Bitcoin's growing dominance is helping it to stay in the green, despite a more than 1% drop in the S&P 500 Index, with which BTC closely correlates.has temporarily broken away from the movement of traditional finance, it is still necessary to follow the indexes of the U.S. stock market. So, the S&P 500 went above the important level of $3,950 to $3,900 and is currently trading at those levels. If the buyer fails to retain the level of $3,900 within two days, we should expect a further decline, where the first target will be the block of $3,700-$3,640. For Bitcoin, which so far is holding on thanks to rising dominance, this means a possible move below $19,500-$19,000 levels.
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