Bitcoin Dominance on the Rise‼️Is Altcoin Season Slipping Away❓
The latest data reveals a major shift in the crypto landscape
Bitcoin Dominance: 62.7%
Ethereum: 9.2%
Others: 28.1%
Bitcoin continues to assert its dominance with a 0.68% uptick from last week, while Ethereum sees a healthy 1.84% boost—suggesting it’s still a key player. Altcoins are gaining slight ground at +1.15%, but BTC clearly holds the crown.
Notably, Bitcoin hit a yearly high of 64.4% dominance on May 8, while the lowest point was 52.6% on May 29. Talk about a rebound‼️
This could mean a potential cooldown for altcoins or a buying opportunity before the next breakout. The chart shows volatility but a strong upward trend for BTC. Are we heading for a Bitcoin-led bull run❓