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Bitcoin 分享
The Defiant 2025-05-02 12:05:11

Bitcoin Dominance Hits 64.73%, Highest Since January 2021, Nearly Two-Thirds of Crypto Market

Bitcoin Dominance Hits 64.73%, Highest Since January 2021, Nearly Two-Thirds of Crypto Market

Bitcoin's market dominance has reached 64.73%, marking a new four-year high and the highest level since January 2021. This surge means Bitcoin now controls nearly two-thirds of the cryptocurrency market, reflecting a growing investor preference for Bitcoin over alternative cryptocurrencies amid the current macroeconomic environment. The increase in dominance suggests a potential delay in the anticipated altseason, a period when alternative cryptocurrencies typically gain value relative to Bitcoin. Market observers note that this cycle-high dominance could precede a significant altseason similar to that of 2021 once funds start flowing from Bitcoin to Ethereum and other altcoins. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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