Bitcoin dominance rose to 60.32%，ETH/BTC fell to 0.03
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AT A GLANCE
During the market decline, Bitcoin fell less than altcoins, and dominance rose to 60.32%，ETH/BTC fell to 0.03。
Article
Bitcoin dominance rose to 60.32%，ETH/BTC exchange rate retraced 2-month gain
BlockBeats reported that,October 13, according to HTX market data, during the crypto market's decline earlier today, Bitcoin's drop was significantly limited relative to altcoins, and the total market capitalization of altcoins fell to 1070000000000 USD, down approximately 10%.
Bitcoin dominance (BTC.D) rose in tandem to 60.32%，ETH/BTC exchange rate fell to 0.03, the first time since August 19, down approximately from the high of this rally 11%.
Original link https://m.theblockbeats.info/flash/371496
Key points
01
BlockBeats stated that,October 13, according to HTX market data, the crypto market declined earlier today.
02
The report stated that Bitcoin's drop was significantly limited relative to altcoins.
03
The total market capitalization of altcoins fell to 1070000000000 USD, down approximately from the high of this rally 10%。
04
Bitcoin dominance (BTC.D) rose to 60.32%。
05
ETH/BTC The exchange rate fell to 0.03, the first time since August 19, down approximately from the high of this rally 11%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Bitcoin dominance represents Bitcoin's relative share of the crypto market's market capitalization. The reported data indicate that during this decline, Bitcoin held up better than altcoins; at the same time,ETH/BTC fell to 0.03, indicating that ETH weakened relative to BTC.
Why it matters to readers
These indicators reflect the relative market performance of Bitcoin,ETH and altcoins, and can be used to observe whether market capital is becoming more concentrated in Bitcoin.
Beginners should distinguish between “holding up relatively better” and “rising in price”: the report only says that Bitcoin fell less than altcoins; it does not mean that Bitcoin did not decline.ETH/BTC The decline also describes the performance of ETH relative to BTC, rather than the absolute price of ETH.
Risks and unknowns
The market data were cited by BlockBeats from HTX; the original text did not provide an independently verifiable HTX market data link.
The original text did not specify the exact time or value of the “high of this rally.”
The original text only states October 13 and “earlier today,” without specifying the year or exact statistical time point.
The original text does not allow confirmation of whether these data will continue to hold.
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Bitcoin dominance
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