Bitcoin Dominance Reaches 64%, Highest Since February 2021
1 min read
Bitcoin’s market cap dominance has surged to its highest level since February 2021, reaching 64%. This rise reflects a shift toward Bitcoin amid global economic uncertainty, with investors favoring its perceived stability over other cryptocurrencies. The last time Bitcoin dominance was at this level, its price increased significantly from $20,000 to $69,000. Meanwhile, Ethereum’s market cap dominance stands at 7.3%. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Source: The Defiant
