Bitcoin Dominance Reaches Highest Level Since 2021, Signaling Potential Altcoin Surge

1 min read

10 months ago bitnews

Bitcoin’s market cap dominance has surged to 54.5%, the highest level since July 2021, according to TradingView. This increase could signal a shift in market sentiment, potentially leading to an altcoin bull run. Bitcoin’s dominance is calculated by dividing its market cap by the total market cap of the top 125 cryptocurrencies and multiplying by