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Bitcoinist 2019-05-09 19:00:15

Ethereum Runs Out of Steam as Bitcoin Dominance Rises

Bitcoin price topped $6,000 and the majority of altcoin turned red. Is Bitcoin’s increasing dominance stealing Ethereum’s thunder? ETH-BTC 4-Hr Chart After topping out at 0.031402 ETH price took a bearish turn and dropped to the lower arm of the falling wedge to set a new low not seen since December 22, 2018. For those looking to the ETH-BTC pairing as the indicator of Ether’s price action, this is less than pleasant news but theRead MoreThe post Ethereum Runs Out of Steam as Bitcoin Dominance Rises appeared first on Bitcoinist.com.

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