‘Twitter Hype Index’ Mirrors Cryptocurrency Market Cap, New Data Shows

The DataLight Hype Index shows Bitcoin leads the way in terms of popularity on Twitter with the results of the ranking closely mirroring the position of cryptocurrencies based on market cap. Bitcoin is King of ‘Crypto Twitter’ According to a recent report by DataLight, Bitcoin occupies the top position in the Twitter Hype Index – […]

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Why Bitcoin Dominance Dropping to 7-Month Low is Bullish for Price

The Bitcoin (BTC) market capitalization dominance currently being at its lowest level in seven months is not exactly bad news. Why? Because the lowest Bitcoin dominance indices have historically coincided with a higher bitcoin price.  Bitcoin Dominance Slips Despite Price Gain According to CoinMarketCap data, the BTC market dominance now stands at 50.8 percent. This […]

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