Deep Tide TechFlow News, on May 17, reported by Decrypt, Grayscale's head of research Zach Pandl stated that Bitcoin's market dominance may stabilize in the range of 60% to 70%, rather than experiencing a sharp decline.
Bitwise senior investment strategist Juan Leon pointed out that the decline in Bitcoin's dominance reflects an increase in investors' risk appetite, primarily driven by factors such as U.S. President Trump's 90-day suspension of tariffs and declining inflation. Analysts believe that when the market focuses on macroeconomic instability, Bitcoin's dominance tends to rise; while when the market focuses on the application and innovation of blockchain technology, its dominance tends to decline.