$BTC BTC Bitcoin dominance rate hits four-year high. According to Coinmarketcap, Bitcoin dominance rate has risen above 60% again, up 5% since the beginning of December. The global rise is due to the influence of institutional investors and lack of confidence in other cryptocurrencies.

Standard Chartered analyst Jeffrey Kendrick predicts that more sovereign wealth funds will enter the cryptocurrency market after Abu Dhabi invested in BlackRock's Bitcoin ETF. This development indicates that institutional investors' interest in Bitcoin will grow.

The team behind the meme coin $TRUMP will conduct an airdrop. Buyers who purchase watches, perfumes, sneakers or digital trading cards branded by US President Donald Trump will be entitled to receive 3 TRUMP coins