US EditionBTC dominance steadily rising since 2023, is altseason now a relic?
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BTC dominance steadily rising since 2023, is altseason now a relic?
A sustained rally in altcoins due to investor rotation into higher-risk cryptos may no longer be a feature of the digital asset markets. Bitcoin (BTC) dominance, a measure of Bitcoin's overall share of the crypto market, has been steadily rising since 2023 amid a torrent of new cryptocurrency coins and tokens.The current BTC market dominance…
Is BTC Dominance Rising Since 2023? Exploring the End of Altseason and Its Impact on Crypto Markets - Market-News24
Bitcoin’s dominance in the cryptocurrency Market has been on the rise since 2023, currently holding around 61.6% of the Market share. This uptick comes despite the presence of over 12.7 million crypto assets, as new coins and tokens flood the Market. Recent macroeconomic uncertainties have impacted altcoins more severely, leading to Bitcoin’s resurgence above the ...
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