#BTC Bitcoin has set a new high above $109,000, Ethereum is in the red...

The May surge of Bitcoin above $100,000 became the eighth jump into the six-figure range and the eighth consecutive case where the price of ETH at the time Bitcoin reached $100,000 was lower than before.

As for Ethereum, the altcoin has once again become a loser, showing a decline of 0.5% over the past seven days, while Bitcoin gained 5.5% during the same period. Negative dynamics are also observed in XRP, Solana, Cardano, and Tron. This situation raises questions about the start of the altcoin season.

At the same time, today Bitcoin's dominance has peaked. Statistics show that when Bitcoin surges, its dominance also increases sharply. The leading cryptocurrency literally sucks liquidity out of other assets. The BTC.D chart (Bitcoin dominance) looks like it could easily add another 10% to its market share.