#BTCvsMarkets #BTCvsMarkets
Bitcoin (BTC) is trading at ~$93,675, with a market capitalization of $1.87 trillion, surpassing Alphabet (Google) and becoming the fifth most valuable asset in the world, a historical milestone that validates its growing institutional adoption and its role as a safe haven. Its dominance of 64% reflects that 6.4 out of every 10 dollars in crypto are in BTC. After falling to $75,000 in April, it has recovered by 10%, projecting a range of $90,000-$95,000, driven by $1.29 trillion in ETF inflows and reduced selling pressure. The crypto market, at ~$2 trillion, shows weak altcoins, with BTC and stablecoins dominance at 71%, indicating a preference for safe assets. Factors such as inflation, geopolitical uncertainty, and a softer stance from Trump on trade tariffs reinforce BTC. Although altcoins like XRP, AVAX, and LINK could stand out if they break resistances, volatility persists. Memecoins and speculative projects struggle, consolidating Bitcoin as the leader of the bull cycle, marking a shift in the perception of financial assets.