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🚀 The cryptocurrency industry is changing: Turkish Paribu acquires CoinMENA in a record deal worth 240 million dollars
The Middle East and North Africa (MENA) region has witnessed a historic development in the cryptocurrency sector with the announcement of the largest acquisition in the history of Turkish fintech.
The leading cryptocurrency exchange Paribu, based in Turkey, announced its acquisition of a majority stake in the CoinMENA platform, in a massive deal valued at 240 million US dollars.
The leading cryptocurrency exchange Paribu, based in Turkey, announced its acquisition of a majority stake in the CoinMENA platform, in a massive deal valued at 240 million US dollars.
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Bitcoin's dominance
#استحواذ_البيتكوبن
Bitcoin's dominance #BTC☀
The chart clearly indicates a negative trend and will start to decline gradually
We have reached zone number 1
Awaiting the next station for him
With each downward wave, a new wave of currencies will begin to rise
"The Bitcoin dominance chart indicates a clear bearish trend, suggesting a gradual decline. We have entered zone 1 and are anticipating the next significant level.
As Bitcoin's dominance wanes with each downward wave, a new wave of altcoins is poised to surge.
Bitcoin's dominance #BTC☀
The chart clearly indicates a negative trend and will start to decline gradually
We have reached zone number 1
Awaiting the next station for him
With each downward wave, a new wave of currencies will begin to rise
"The Bitcoin dominance chart indicates a clear bearish trend, suggesting a gradual decline. We have entered zone 1 and are anticipating the next significant level.
As Bitcoin's dominance wanes with each downward wave, a new wave of altcoins is poised to surge.
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📊 Bitcoin dominance rises again!
Bitcoin's market share increased today to 60.36% after a clear break of the previous resistance at 60.10%, opening the way for continued rise towards 63% – 64% in the coming weeks, if the current momentum continues.
$BTC
💡 Analysis and impact on alternative currencies (Altcoins):
With every increase in Bitcoin dominance (BTC Dominance), the performance of alternative currencies usually declines, as liquidity tends to flow towards Bitcoin as a safe haven amid market uncertainty.
This means that:
• Investors prefer to hold Bitcoin rather than risk in smaller coins.
• Temporary weakness in the performance of most altcoins, especially those with small and medium market capitalization.
• Conversely, this phase could be a precursor to a later Altseason wave after dominance stabilizes near the 63-64% levels.
⚠️ In summary:
Bitcoin dominance rising = Pressure on alternative currencies.
But with the index stabilizing later, strong opportunities in the secondary market could begin.
#Bitcoin #Altcoins #Crypto #Derar_Hadri #عملات_رقمية #استحواذ_البيتكوبن
Bitcoin's market share increased today to 60.36% after a clear break of the previous resistance at 60.10%, opening the way for continued rise towards 63% – 64% in the coming weeks, if the current momentum continues.
$BTC
💡 Analysis and impact on alternative currencies (Altcoins):
With every increase in Bitcoin dominance (BTC Dominance), the performance of alternative currencies usually declines, as liquidity tends to flow towards Bitcoin as a safe haven amid market uncertainty.
This means that:
• Investors prefer to hold Bitcoin rather than risk in smaller coins.
• Temporary weakness in the performance of most altcoins, especially those with small and medium market capitalization.
• Conversely, this phase could be a precursor to a later Altseason wave after dominance stabilizes near the 63-64% levels.
⚠️ In summary:
Bitcoin dominance rising = Pressure on alternative currencies.
But with the index stabilizing later, strong opportunities in the secondary market could begin.
#Bitcoin #Altcoins #Crypto #Derar_Hadri #عملات_رقمية #استحواذ_البيتكوبن
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