#KavaBNBChainSummer Bitcoin's dominance rose to 58.69% (+0.6% for the week), reflecting capital outflow from altcoins. The Altcoin Season Index over 30 days fell by 25%, reaching 41 out of 100, indicating a decrease in risk appetite.

What this means:

The correlation $KAVA with Bitcoin over 30 days has strengthened to 0.84, according to CoinMarketCap data, making the token vulnerable to sell-offs triggered by BTC movements. Meanwhile, Ethereum and other major altcoins are also showing weakness (-1.2% in the sector), prompting traders to avoid mid-cap tokens such as $KAVA $KAVA @kava .