Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Bitcoin's market share briefly exceeded 65%, reaching a new high since February 2021

Bitcoin's market share briefly exceeded 65%, reaching a new high since February 2021

CointimeCointime2025/05/06 02:11
By:Cointime

 according to TradingView data, today's Bitcoin dominance (BTC.D) has risen to 64.86%, breaking through 65% in the short term, reaching a new high since February 2021. The high Bitcoin dominance indicates the silence of the altcoin market, but also suggests that a market rebound is imminent. According to historical data, when Bitcoin dominance surged above 60% in November last year, the altcoin market started a small bull market. In 2019 and 2021, Bitcoin dominance has reached highs above 70%, followed by a general uptrend.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Shiba Inu’s Secret Weapon for Web3 is Now Live, Are You Ready?

Shiba Alpha Layer enables developers to deploy custom RollApps in just a few minutes.

Cryptotimes2025/06/12 16:00