BTC Dominance Rises: Is Altseason Now a Relic of the Past? Insights on the Changing Crypto Landscape in 2023
Bitcoin’s Market dominance has been on the rise in 2023, currently around 61.6%, after peaking at 64.3% in early February. This increase comes amid a wave of new cryptocurrencies entering the Market, causing challenges for altcoins, which have seen significant declines due to lower liquidity and higher risks. The trend may be affected by Bitcoin ...