🔍 Glassnode: “It’s still a cycle driven entirely by Bitcoin”

Since BTC’s peak dominance (64.4% on May 8):

⚪️ETH’s share has grown to 9.75% (+3%)

⚪️Altcoins’ share has grown to 22.35% (+2%)

🔴Stablecoins’ share has fallen to 6.3%

Despite the positive shift, ETH and altcoins remain below their peaks (18% and 28.5%)

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