{"id":239296,"date":"2026-10-14T07:05:01","date_gmt":"2026-10-14T07:05:01","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=239296"},"modified":"2026-10-14T07:05:01","modified_gmt":"2026-10-14T07:05:01","slug":"bitcoin-dominance-on-the-rise-as-altcoins-retreat-ahead-of-cpi-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=239296","title":{"rendered":"Bitcoin Dominance on the Rise as Altcoins Retreat Ahead of CPI: Market Watch"},"content":{"rendered":"

Although bitcoin\u2019s price has remained relatively sluggish on a 24-hour scale, without any significant moves in either direction, its dominance over the alts has risen to 60% on CMC.<\/p>\n

The reason for this is that most alts are still in the red, especially the mid-cap ones.<\/p>\n

BTC Dominance Reaches 60%<\/h2>\n

BTC was rejected at $87,000 on a couple of occasions at the start of the previous business week, and the second was particularly painful as it began a more profound leg down. It culminated on Thursday evening when the asset slumped to $80,400 to mark a multi-week low.<\/p>\n

After losing nearly $7,000 in about 72 hours, the cryptocurrency finally rebounded and tapped $83,000 during the weekend. It remained there for the next 36 hours and even challenged $84,400 on Monday morning. Another rejection followed, though, and the bears seemed in complete control on Tuesday morning when they drove<\/a> bitcoin to just under $81,000 once again.<\/p>\n

Nevertheless, there were two positive outcomes: first, BTC rebounded<\/a> just as quickly to over $83,000; second, it marked a higher low, which is typically considered a bullish signal. Since then, it has traded sideways between $83,000 and $84,000 and currently sits inches above the lower boundary. More volatility is expected later today when the CPI numbers for September will be announced<\/a>.<\/p>\n

Its dominance over the altcoins is on the rise. The metric tapped 60% on CMC, as most altcoins have struggled over the past few days. In the meantime, bitcoin\u2019s market cap hasn\u2019t moved much and stands at $1.670 trillion.<\/p>\n

<\/a>BTCUSD October 14. Source: TradingView<\/p>\n

Alts Struggle, BTW?!<\/h2>\n

Most larger-cap alts continue to be in the red today, with ETH sliding back down to $2,500, XRP slipping further away from the $1.40 level, and SOL dropping to $107. RAIN has plummeted by almost 10%, while QNT is down by 7.5%. Further losses are evident from ADA, HYPE, LINK, XLM, NEAR, TAO, DOT, and others.<\/p>\n

In contrast, ZEC, XMR, TRX, and BCH are slightly in the green, while BTW has skyrocketed by 47% to over $2.60. On the other hand, TIA, M, CRV, and RENDER have dropped by somewhere between 8%-10% daily.<\/p>\n

The total crypto market cap has declined by another 0.5% to $2.790 trillion on CMC.<\/p>\n

<\/a>Cryptocurrency Market Overview October 14. Source: QuantifyCrypto<\/p>\n

\u00a0<\/p>\n

The post Bitcoin Dominance on the Rise as Altcoins Retreat Ahead of CPI: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Although bitcoin\u2019s price has remained relatively sluggish on a 24-hour scale, without any significant moves in either direction, its dominance over the alts has risen to 60% on CMC. The reason for this is that most alts are still in the red, especially the mid-cap ones. BTC Dominance Reaches 60% BTC was rejected at $87,000 […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-239296","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/239296"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=239296"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/239296\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=239296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=239296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=239296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}