Bitcoin Dominance Reaches 60% as Capital Rotates Away from Altcoins
Photo: Pixabay (illustration)
Bitcoin dominance climbs back to 60% for the first time since early 2021, driven by institutional inflows and a broader market retreat from altcoins. Bitcoin ( BTC ) has officially reclaimed the 60% market dominance level, according to CoinDesk data , marking a significant milestone that underscores the primary cryptocurrency’s tightening grip on the digital asset ecosystem. This key technical threshold has not been sustained since the major altcoin cycles of early 2021. The push toward the 60% mark comes as altcoins collectively underperform relative to Bitcoin.
Source: Cryptopress
