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/biz/ - Business & Finance

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49664756 No.49664756 [Reply] [Original]

BTC dominance is down from 47% to 44% in the last couple of days... Interesting when influencers like Benjamin Cowen said that people would flee to Bitcoin, even though Bitcoin is the asset with the most value to lose.

>> No.49664828

>Interesting when influencers like Benjamin Cowen
God i just want to KMS

>> No.49664994

>>49664828
seconding this you fucking retarded OP

>> No.49665021

>>49664756
hedgies bought BTC and ETH, not altcoins. Stocks go down -> dump BTC and ETH because the retards put them in the same 'asset class' as tech stocks. BTC dominance will come back after a market rally which is this or next week.

>> No.49665053
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49665053

>>49664756
thats because stablecoins are counted as ALTS in that metric you dummy.

>> No.49665058

sage goes in all fields

>> No.49665076

>>49664756
bitcoin is rekt. it was falling harder than an alt yesterday

>> No.49665111

>>49664756
>most value to lose
Which is exactly why it would be losing % of value slower, retard

>> No.49665129
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49665129

>>49664756
...........

>> No.49665623

>>49665129
ETH is also overvalued, look at coins like Chainlink