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This chart displays the same ratio from the chart above on a linear scale. In the history of cryptocurrencies, bitcoin has played a pivotal role and emerged as the major cryptocurrency, bitcoin has been part of all the speculative bubbles (crypto crashes) in 2011, 2013, 2017, and 2021. The year 2019 kicked off with more of the same, as Bitcoin looked for direction. It tried to burst through $4,000 for the first few months, but finally hit it in April and then rose to $5,000. May came and Bitcoin reached $6,000, then $7,000, then $8,000 before settling back in early June. That month Bitcoin swiftly spiked to $13,000 before coming back. • Market direction indicator: Bitcoin dominance can be used to understand market sentiment. When BTC dominance is high, it generally implies that investors are more confident in Bitcoin relative to other cryptocurrencies. This can be during times of market uncertainty or volatility, when investors may see Bitcoin as a ‘safer’ bet because of its larger size and more established reputation. Conversely, when BTC dominance is low, it could mean that investors are more willing to take risks on other, potentially higher-reward cryptocurrencies.Pittsburgh, PA 15212 Start and end summer with your chance to win a new Corvette®! Social Club by Seneca is the way to get more for your play. Earn and redeem points and enjoy all the perks we offer for our loyal customers. Earn valuable points, benefits and rewards as you play your favorite games at Wildhorse Resort & Casino. Sign up for Club Wild today to start earning your exclusive offers, invites, discounts and MORE! From high-stakes gaming and thrilling entertainment at Silver Star Hotel & Casino and Golden Moon Hotel & Casino to the family friendly Dancing Rabbit Inn, Pearl River Resort has the perfect accommodations for everyone. Have fun getting to the weekend with instant prizes at Seneca Allegany Resort & Casino to help curb the mid-week blues!
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