• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Crypto market

    Crypto market: Thailand to set new regulations amid high interest

    XRP/USD Price Prediction

    XRP/USD Price Prediction: Will Ripple(XRP) Retest $0.50 Resistance?

    Bitcoin price movement

    Bitcoin Price Prediction: Bitcoin Will Remain Bullish as long as SMA Support is Intact

    Bitcoin price analysis Tight price range halts uptrend as $46K support holds

    Bitcoin price analysis: Tight price range halts uptrend as $46K support holds

    MicroStrategy

    MicroStrategy defies market dip, buys $10m more Bitcoin

    Cardano price

    Cardano price prediction: ADA to fall to $0.800

    crypto ban

    FCA Crypto Ban: Bybit suspends services to UK

    UNI Price Prediction

    UNI Price Prediction: Uniswap poised for freefall to $25

    XRP ledger

    XRP ledger that supports CBDC coming soon

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Crypto market

    Crypto market: Thailand to set new regulations amid high interest

    XRP/USD Price Prediction

    XRP/USD Price Prediction: Will Ripple(XRP) Retest $0.50 Resistance?

    Bitcoin price movement

    Bitcoin Price Prediction: Bitcoin Will Remain Bullish as long as SMA Support is Intact

    Bitcoin price analysis Tight price range halts uptrend as $46K support holds

    Bitcoin price analysis: Tight price range halts uptrend as $46K support holds

    MicroStrategy

    MicroStrategy defies market dip, buys $10m more Bitcoin

    Cardano price

    Cardano price prediction: ADA to fall to $0.800

    crypto ban

    FCA Crypto Ban: Bybit suspends services to UK

    UNI Price Prediction

    UNI Price Prediction: Uniswap poised for freefall to $25

    XRP ledger

    XRP ledger that supports CBDC coming soon

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Altcoin News

Bitcoin price rally to $12700 is bleeding Altcoins; crushing hope for alt season

Saad B. Murtaza by Saad B. Murtaza
July 9, 2019
in Altcoin News
2 min read
Bitcoin price rally to $12700 is bleeding Altcoins; crushing hope for alt season 1
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

Bitcoin price has hit the twelve thousand and seven hundred dollars ($12,700) mark today and in doing so is crushing altcoin prices and more importantly the hopes for alt-season many investors are eagerly waiting.

Bitcoin has been consolidating for over a week and the latest breakthrough rally has allowed Bitcoin price to find support above the twelve thousand dollars ($12,000) mark.

If the current levels manage to persist analyst Mac believes that the current surge would allow Bitcoin price to hit a new high beyond the thirteen thousand eight hundred dollars ($13,800) and find a new year-to-date high.

RelatedPosts

UNI Price Prediction: Uniswap poised for freefall to $25

Uniswap price prediction: Uniswap to reject further upside at $27

Dogecoin becomes the most popular cryptocurrency

Weekly Crypto Price Analysis 1st Mar: BTC, ETH, DOT, UNI, SUSHI

The new high would require Bitcoin price to take another over ten percent (10%) gain on top of the current over seven and a half percent (7.6%) gain to the current points.

Bitcoin price rally to $12700 is bleeding Altcoins; crushing hope for alt season 2Bitcoin price chart by Trading View

Bitcoin price rally-crushing Altcoins

With the current peak in prices, Bitcoin has now hit a new market cap dominance level of sixty-seven percent (67%), thus crushing the altcoin market capital by another one percent (1%) and a total of six percent (6%) from sixty-one percent (61%) in the past thirty days.

Whereas, in the Q1 of 2018, Bitcoin market dominance had fallen down to a mere thirty-five percent (35%) and have almost doubled since then.

Whereas the Tether theory also seems to be in play since the only other coin to show as much gain in market volume as Bitcoin over thirty-three percent (33.60%) is the Tether coin, which increased by over thirty-two percent (32.13%).

Ethereum has only gained a mere two and a half percent (2.5%) whereas the trade volume has seen an increase of twelve percent (12%). While, Liteceoin (LTC), EOS and Bitcoin Cash (BCH) have shown below five percent growth in trading volume during the past twenty-four hours.

Saad B. Murtaza

Saad B. Murtaza

Journalist, Writer, Editor, Researcher, and Strategist with over 10 years of experience in the digital, print and public relations industries, Saad has been working with the mantra, Creativity, Quality and Punctuality. In his waning years promises to build a self-sustaining institute that provides free education. Carrying a diverse portfolio he has studied and written on topics related to cyber crimes, scams, blockchain, and cryptocurrencies.

Related Posts

UNI Price Prediction
Altcoin News

UNI Price Prediction: Uniswap poised for freefall to $25

March 5, 2021
Uniswap price prediction
Altcoin News

Uniswap price prediction: Uniswap to reject further upside at $27

March 3, 2021
Dogecoin
Altcoin News

Dogecoin becomes the most popular cryptocurrency

March 3, 2021

Follow Us

  • 40.9k Fans
  • 8.3k Followers

Latest News

Crypto market

Crypto market: Thailand to set new regulations amid high interest

March 6, 2021
XRP/USD Price Prediction

XRP/USD Price Prediction: Will Ripple(XRP) Retest $0.50 Resistance?

March 6, 2021
digibyte price prediction

Digibyte Price Prediction 2021, 2023, 2025

March 6, 2021
Wisdom Events Partnership Agreement - Blockchain Finance Forum 3

Wisdom Events Partnership Agreement – Blockchain Finance Forum

March 6, 2021
Blockchain Trends: Rise to Popularity 4

Blockchain Trends: Rise to Popularity

March 6, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Exclusive Partners of

Footer 5

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2021 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

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