๐ฅ Bitcoin Hits 4-Year Market Dominance High! ๐ฅ
Bitcoin has reached its highest market dominance level in 4 years, further solidifying its position as the leading digital asset. BTC now accounts for 62% of the crypto market, while Ethereumโs share has dropped to multi-year lows, reflecting a shift in investor preference.
This surge in Bitcoin dominance comes amid global economic uncertainty, where investors seek more stable and resilient assets. Additionally, BTC is increasingly being compared to digital gold, reinforcing its narrative as a store of value.
Meanwhile, Ethereum faces internal challenges, including debates over scalability and governance, which may be affecting its market share. Will this trend continue in the coming months?
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