• Home
  • Tether Dominance May Predict Bitcoin’s Price Surge Beyond $58,000

Ist Interwetten legal in Deutschland? – Alle Infos zur Lizenz und Sicherheit

Ist Interwetten legal in Deutschland? – Alle Infos zur Lizenz und Sicherheit

Bitcoin could rise again and the Tether dominance chart could play a key role in this. The dominance of USDT is currently at 5.09%, with 4.9% considered strong support. The stable coin supply rate suggests a bearish sentiment.

Ist Interwetten legal in Deutschland? – Alle Infos zur Lizenz und Sicherheit

Bitcoin has formed a range after it crossed the $50,000 threshold, which also represents a psychological resistance level. Although the bullish momentum has stalled, the market structure remains bullish at a higher time level.

Ist Interwetten legal in Deutschland? – Alle Infos zur Lizenz und Sicherheit

The trading volumes of Tether (USDT) have increased significantly in the last month as the prices of altcoins and BTC have soared. Data from CryptoQuant shows that the Stablecoin Supply Ratio (SSR) fell sharply from January 8 to 23, but has since risen higher than the January highs.

Ist Interwetten legal in Deutschland? – Alle Infos zur Lizenz und Sicherheit

The SSR rally suggests a possible bearish sentiment, although we don’t yet see strong evidence of this. The market capitalization of Bitcoin rose from the lowest point on January 23 from $755 billion to $1.013 trillion. Similarly, the market capitalization of altcoins, excluding Ethereum , rose from $439.86 billion to $546.7 billion.

Ist Interwetten legal in Deutschland? – Alle Infos zur Lizenz und Sicherheit

Whether the market will continue to record gains could be better understood by examining the stablecoin metrics. The USDT transaction count showed a downward trend in 2024. If the dominance chart falls below 4.9%, it would be a strong indication that Bitcoin will rise beyond the resistance of $53,000 to $58,000. The altcoin markets would follow the price increase.

Ist Interwetten legal in Deutschland? – Alle Infos zur Lizenz und Sicherheit

Akashnath S, Saman Waris, CryptoQuant, Santiment, TradingView.

Casinos: 54
Profile Bitcoin
Symbol BTC
Coin type Alt Coin
Transaction Speed Slow
Pros
  • First cryptocurrency, therefore very widespread
  • Largest selection of casinos among the coins
  • Many BTC based bonus offers
Cons
  • Fairly low transaction speed
Further practical applications
Price 108951
24h % -0.43 %
7d % 2.02 %
30d % 16.15 %
60d % 29.15 %
1y % 56.99 %
Market Cap $2,163,963,953,518.00
Max. Supply 21,000,000.00
Official Links
Socials Reddit | X | Message Board

Ist Interwetten legal in Deutschland? – Alle Infos zur Lizenz und Sicherheit

Created by

I had my first experience with slot machines in 2011 during my semester abroad in Las Vegas. Back in Germany, I wanted to play the same slots, but that was only possible online. Since then, I've been playing slots in online casinos and love crazy ideas.
Reviewed by
Nerd of Numbers

Last update: September 25, 2024

kryptocasinos.com Logo Advertising transparency

We are independent, transparent and funded by revenue we generate when you sign up at a casino through us.

Our goal is to help you make better decisions when choosing a casino by offering different information, providing filters and comparison tables, and publishing objective content. Thus, we give you the opportunity to research for free, compare casinos and make your decision based on that.

We cannot guarantee that a casino that is very good for us will fit your type of player and your circumstances.

Why trust us?

We work according to transparent editorial guidelines and disclose our testing methods as well as funding. This article may contain links to our partners, but this does not influence our objective view in any way.

🍪
We use cookies. By using this site, you accept them.
Ist Interwetten legal in Deutschland? – Alle Infos zur Lizenz und Sicherheit