The post Top Altcoins To Watch Next Week: Will Bitcoin’s Declining Dominance Push Solana (SOL), Shiba Inu (SHIB) And Injective (INJ) Prices? appeared first on Coinpedia Fintech News
This week began with a downturn in the market, but it has since shown significant recovery, with Bitcoin approaching the $44,000 mark. As a result, major altcoins are seeing a surge in investment, aiding them in surpassing key resistance levels. As the year draws to a close, the upcoming week could bring increased volatility, potentially leading to new peak prices or lows for Solana, Shiba Inu, and Injective.
Bitcoin’s Low Dominance Triggers Altcoins
Currently, Bitcoin is facing a resistance level at $45,000, and its market dominance has seen a slight decline, moving from a peak of 55.12% to 52.74%. At the same time, the market dominance of altcoins has been increasing as the metric has surged from 11.08% to 13.11%.
Technical analysts often see a decrease in Bitcoin’s market dominance, combined with B
21Shares analysis reveals the resilience and importance of Ethereum’s growth
In the tumultuous crypto landscape, while global attention is often monopolized by Bitcoin, an in-depth analysis by 21Shares…
