#CryptoMarketWatch

BTC The dominance of Bitcoin remains high, a spillover rally of altcoins was previously observed

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On March 9, based on TradingView data, the dominance of Bitcoin (BTC.D) has remained above 60% since it regained this level on February 2. It has stayed at or above 60% for more than a month and is currently at 61.25%. The market appears to be at a standstill. According to analyst ai_9684xtpa, historical data indicates that when Bitcoin's dominance rose above 60% last November, altcoins initiated a small bullish rally. In 2019 and 2021, when Bitcoin's dominance reached over 70%, a broad and spectacular market rally followed $BTC