Bitcoin Dominance Soars to New Highs as Altcoins Struggle: Insights from Recent Research
Bitcoin’s dominance in the cryptocurrency Market has reached 61.2%, according to Matrixport, a financial services platform. This marks an increase from a low of 54% in December, suggesting that the recent bounce in altcoins was brief. The surge in Bitcoin’s Market share indicates that traders are shifting focus back to Bitcoin, especially after a hawkish ...