Event JSON
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"Bitcoin Could Outrun Altcoins for the Rest of the Year, Says Crypto Analyst Benjamin Cowen – Here’s Why"
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"Cowen believes that the current dominance level of Bitcoin (BTC.D) hovering around 60% could lead to a decline in altcoin prices. He also notes that there is historical precedence for BTC.D to increase for the rest of the year. Additionally, Cowen shares a chart showing how BTC is outperforming top altcoins by market cap and notes that Bitcoin's performance is suddenly correlating with that of the US dollar index (DXY)."
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"content": "nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgqrf3gn6f42ud65y8vyt6p2syxt3dayqpfaxpr6xrq0aa4d0nzczc6wrnrs\nhttps://dailyhodl.com/wp-content/uploads/2024/05/meet-with-el-bitcoin.jpg?w=1024\nPopular crypto analyst Benjamin Cowen believes Bitcoin (BTC) could outperform altcoins for the rest of 2024. Cowen tells his 884,400 followers on the social media platform X that the alts could decline further against the flagship crypto asset as Bitcoin\u0026#8217;s dominance level (BTC.D) hovers around 60%. BTC.D is the ratio between the market cap of [\u0026#8230;] The post Bitcoin Could Outrun Altcoins for the Rest of the Year, Says Crypto Analyst Benjamin Cowen – Here’s Why appeared first on The Daily Hodl.\nhttps://dailyhodl.com/2024/11/14/bitcoin-could-outrun-altcoins-for-the-rest-of-the-year-says-crypto-analyst-benjamin-cowen-heres-why/",
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