On May 21, according to market data, as Bitcoin reached an all-time high of $109,496 on Coinbase, its market share (BTC.D) has risen to 64.25%. It is noteworthy that the total market capitalization of altcoins (TOTAL2; including ETH) has decreased by 26.67% from its historical peak in early December 2024, and it still needs to rise by 36% to reach a new high in this cycle.