#Bitcoin Dominance Update – July 16

Bitcoin dominance has dropped sharply to 63.74%

• This signals a shift in market dynamics

• Capital is rotating from BTC into ETH and altcoins

• Altcoins are gaining strength across multiple sectors

• Ethereum is leading with strong price action and rising inflows

A continued drop in dominance could mark the beginning of a strong altcoin trend. Keep an eye on key ETH pairs and high-volume alt setups.

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