财经少华
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Bitcoin market share rises to nearly four-year high
Today, Bitcoin's market share surged to 64.61%, reaching its highest level since February 2021. The high market share of Bitcoin indicates the dormancy of the altcoin market, but it also suggests that a rebound is imminent.
In November last year, when Bitcoin's market share exceeded 60%, altcoins entered a small bull market. In both 2019 and 2021, Bitcoin's market share reached above 70%, followed by a spectacular rally.
Today, Bitcoin's market share surged to 64.61%, reaching its highest level since February 2021. The high market share of Bitcoin indicates the dormancy of the altcoin market, but it also suggests that a rebound is imminent.
In November last year, when Bitcoin's market share exceeded 60%, altcoins entered a small bull market. In both 2019 and 2021, Bitcoin's market share reached above 70%, followed by a spectacular rally.
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