Bitcoin Dominance Hits 4-Year High as Altcoins Struggle

Bitcoin has surged to a 4-year high in market dominance, now exceeding 62%, its strongest level since March 2021. Despite a 29% price correction, the sustained increase in BTC’s market share—rising steadily since December’s dip to 55%—signals that savvy traders are rotating out of altcoins and consolidating their positions in Bitcoin. Altcoin Downturn In contrast, …

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