Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Zimbabwe rolls out blockchain-based carbon credit market system

2025-05-21

What Is a DEX (Decentralized Exchange)?

2025-05-21

🧊 Stay cool, stay onchain with .pengu 🐧

2025-05-21
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Zimbabwe rolls out blockchain-based carbon credit market system

    2025-05-21

    Kalp Network Partners with Luffa to stimulate Web3 Privacy and RWA access

    2025-05-21

    Smarter athlete data via PSG Labs and Joint Innovation Studio

    2025-05-21

    Sahara AI launches Siwa Testnet to authorize decentralized AI builders

    2025-05-21

    WalletConnect’s Smart Sessions ‘Redefine’ Wallet UX for Future or AI agents: Founder

    2025-05-21
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Bitcoin breaks $ 109k ATH to enter the price discovery again

    2025-05-21

    XRP – Price coil for an outbreak – is the next leg on hands?

    2025-05-21

    Bitcoin Whale places 40x leverage of $ 830 million long position on hyperliquid

    2025-05-21

    JPMorgan Chase CEO warns the stock market witnessing ‘extraordinary amount of complacency’ in the midst of abrupt recovery

    2025-05-21

    Cardano (ADA) in Focus: Can it break this barrier and recover Momentum?

    2025-05-21
  • Learn

    What Is a DEX (Decentralized Exchange)?

    2025-05-21

    Blockchain Explained: What It Is, How It Works and Why We Need It

    2025-05-21

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»The dominance of Bitcoin, Ethereum and Tether is increasing as cybersecurity and fan tokens defy the markets
Analysis

The dominance of Bitcoin, Ethereum and Tether is increasing as cybersecurity and fan tokens defy the markets

2023-06-10No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin’s dominance is on the rise as crypto investors try to decipher the impact of the recent SEC lawsuits against Coinbase and Binance. Investors appear to be converting tokens proposed as securities by the SEC into less contestable assets like Bitcoin.

Crypto dominance

Since the lawsuits were filed on June 6, the total market capitalization of the crypto industry has fallen 6.4% from $1.12 trillion to $1.04 trillion. Meanwhile, Bitcoins dominance increased 1.92% to 47.74% from 45.82%, Ethereum dominance increased 0.27% to 20.08% from 19.83% and Tether dominance grew 0.33% to 8 .00% of 7.63%.

In the past 24 hours, the total crypto market cap, excluding Bitcoin, is down 7.7% to $546 million from $592 million, while Bitcoin’s market cap only fell 2.92% to $498 million from $513 million.

The moves support the proposition that crypto investors are moving capital to assets outside the SEC’s direct line of fire, at least for now.

Amid reports from major institutional players moving capital around the market and US platforms closing some crypto services, the fear and greed index still reports a ‘neutral’ position in the market. The index has largely maintained a neutral rating since early May, briefly dropping to its second-lowest score of the year on June 6. The score recovered to a neutral rating within 24 hours; so the weekly score is currently unaffected.

Industry performance

The market sell-off has been uneven across sectors, with some sectors experiencing significant declines while others managed to hold up or even grow. Top performers include the $180 million cybersecurity sector, up 1.11%, and fantokens ($255 million mcap), which grew 4.40%. Other sectors experiencing positive changes include lower capitalization sectors such as debit cards, which rose by 0.71%, and meme tokens, which rose by 1.27%.

See also  Ethereum holds steady as the bulls prepare for a new wave

Conversely, various sectors have been hit hard by the sell-off. The $63 million cannabis sector saw a massive 28.35% decline, followed by the abandoned token sector, which fell 46.76%, indicating that some investors are dumping tokens from dead projects still in their portfolios.

Other hard-hit sectors include e-commerce ($555 million), which fell 18.35%, and media ($3.3 billion), which fell 16.19%.

Impact on the crypto landscape

As the fallout from the SEC lawsuits and market sell-off continues to unfold, the shift in investor sentiment toward more established assets like Bitcoin and Ethereum may signal a flight to relative safety in the face of regulatory uncertainty.

The current ‘neutral’ rating of the Fear and Greed Index suggests that the market has yet to fully react to these recent events. However, the situation remains volatile and further developments, such as additional regulatory measures or market shifts, could quickly change investor sentiment and market dynamics.

There is little doubt that the crypto market is experiencing significant turbulence due to the recent SEC lawsuits and subsequent sell-off.

However, the SEC’s lack of clarity continues to hamper the ability of investors and web3 companies to safely navigate the current crypto landscape. With the US influence in the global economy, it is difficult to ignore the SEC’s position, and the industry is waiting for further development.



Source link

Bitcoin cybersecurity defy Dominance Ethereum Fan Increasing markets Tether Tokens
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin breaks $ 109k ATH to enter the price discovery again

2025-05-21

Top reasons why Bitcoin price today, May 21, came in new ATH

2025-05-21

Texas Bitcoin Reserve Bill knew the most important legislative obstacles, waiting for the final vote

2025-05-21

XRP – Price coil for an outbreak – is the next leg on hands?

2025-05-21
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Top block chains for NFT -Sales this week

2025-03-15

Stock market for witnessing rally in the next two weeks

2025-03-16

LUXON Partners With Chainlink To Revolutionize NFT Minting In DESPERADO B218

2023-06-06
Editors Picks

Excitement Builds As BAYC Delays HV-MTL Rift Opening For A Glitch-Free Experience

2023-09-07

how to get the crypto airdrop

2023-10-31

Finish Bitcoin price inches in the direction of all time-can Momentum?

2025-05-19

Crypto Analyst Who Sold the Bitcoin Top Reveals How to Buy and Sell at the Perfect Time

2023-11-30
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Zimbabwe rolls out blockchain-based carbon credit market system

What Is a DEX (Decentralized Exchange)?

🧊 Stay cool, stay onchain with .pengu 🐧

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$108,004.661.00%
  • ethereumEthereum(ETH)$2,497.46-0.64%
  • tetherTether USDt(USDT)$1.000.03%
  • rippleXRP(XRP)$2.381.15%
  • binancecoinBNB(BNB)$669.133.17%
  • solanaSolana(SOL)$170.271.23%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2288361.67%
  • cardanoCardano(ADA)$0.762.62%
  • tronTRON(TRX)$0.266528-1.26%
  • suiSui(SUI)$3.89-0.36%
  • chainlinkChainlink(LINK)$15.881.57%
  • avalanche-2Avalanche(AVAX)$22.701.16%
  • hyperliquidHyperliquid(HYPE)$27.706.47%
  • stellarStellar(XLM)$0.2900531.05%
  • shiba-inuShiba Inu(SHIB)$0.0000150.88%
  • hedera-hashgraphHedera(HBAR)$0.1962081.30%
  • unus-sed-leoUNUS SED LEO(LEO)$8.841.26%
  • bitcoin-cashBitcoin Cash(BCH)$403.663.16%
  • the-open-networkToncoin(TON)$3.08-0.08%
  • polkadotPolkadot(DOT)$4.731.59%
  • moneroMonero(XMR)$397.3613.70%
  • litecoinLitecoin(LTC)$96.112.39%
  • bitget-tokenBitget Token(BGB)$5.190.96%
  • piPi(PI)$0.8311.13%
  • pepePepe(PEPE)$0.0000131.21%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • bittensorBittensor(TAO)$440.896.15%
  • uniswapUniswap(UNI)$6.123.57%
  • aaveAave(AAVE)$247.17-4.39%
  • nearNEAR Protocol(NEAR)$2.820.77%
  • aptosAptos(APT)$5.190.67%
  • okbOKB(OKB)$52.07-0.24%
  • ondo-financeOndo(ONDO)$0.961.80%
  • kaspaKaspa(KAS)$0.1115062.02%
  • ethereum-classicEthereum Classic(ETC)$18.792.24%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.223.31%
  • internet-computerInternet Computer(ICP)$5.290.53%
  • gatechain-tokenGateToken(GT)$21.651.14%
  • crypto-com-chainCronos(CRO)$0.0966410.16%
  • mantleMantle(MNT)$0.74-1.30%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2379722.78%
  • vechainVeChain(VET)$0.0286241.03%
  • render-tokenRender(RENDER)$4.701.20%
  • ethenaEthena(ENA)$0.3916412.76%
  • usd1World Liberty Financial USD(USD1)$1.000.08%
  • arbitrumArbitrum(ARB)$0.4043953.16%
  • algorandAlgorand(ALGO)$0.2271962.12%
  • filecoinFilecoin(FIL)$2.902.15%
  • bitcoinBitcoin(BTC)$108,004.661.00%
  • ethereumEthereum(ETH)$2,497.46-0.64%
  • tetherTether USDt(USDT)$1.000.03%
  • rippleXRP(XRP)$2.381.15%
  • binancecoinBNB(BNB)$669.133.17%
  • solanaSolana(SOL)$170.271.23%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2288361.67%
  • cardanoCardano(ADA)$0.762.62%
  • tronTRON(TRX)$0.266528-1.26%
  • suiSui(SUI)$3.89-0.36%
  • chainlinkChainlink(LINK)$15.881.57%
  • avalanche-2Avalanche(AVAX)$22.701.16%
  • hyperliquidHyperliquid(HYPE)$27.706.47%
  • stellarStellar(XLM)$0.2900531.05%
  • shiba-inuShiba Inu(SHIB)$0.0000150.88%
  • hedera-hashgraphHedera(HBAR)$0.1962081.30%
  • unus-sed-leoUNUS SED LEO(LEO)$8.841.26%
  • bitcoin-cashBitcoin Cash(BCH)$403.663.16%
  • the-open-networkToncoin(TON)$3.08-0.08%
  • polkadotPolkadot(DOT)$4.731.59%
  • moneroMonero(XMR)$397.3613.70%
  • litecoinLitecoin(LTC)$96.112.39%
  • bitget-tokenBitget Token(BGB)$5.190.96%
  • piPi(PI)$0.8311.13%
  • pepePepe(PEPE)$0.0000131.21%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • bittensorBittensor(TAO)$440.896.15%
  • uniswapUniswap(UNI)$6.123.57%
  • aaveAave(AAVE)$247.17-4.39%
  • nearNEAR Protocol(NEAR)$2.820.77%
  • aptosAptos(APT)$5.190.67%
  • okbOKB(OKB)$52.07-0.24%
  • ondo-financeOndo(ONDO)$0.961.80%
  • kaspaKaspa(KAS)$0.1115062.02%
  • ethereum-classicEthereum Classic(ETC)$18.792.24%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.223.31%
  • internet-computerInternet Computer(ICP)$5.290.53%
  • gatechain-tokenGateToken(GT)$21.651.14%
  • crypto-com-chainCronos(CRO)$0.0966410.16%
  • mantleMantle(MNT)$0.74-1.30%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2379722.78%
  • vechainVeChain(VET)$0.0286241.03%
  • render-tokenRender(RENDER)$4.701.20%
  • ethenaEthena(ENA)$0.3916412.76%
  • usd1World Liberty Financial USD(USD1)$1.000.08%
  • arbitrumArbitrum(ARB)$0.4043953.16%
  • algorandAlgorand(ALGO)$0.2271962.12%
  • filecoinFilecoin(FIL)$2.902.15%