Bitcoin's dominance is well above 45% for the first time since June 2022.
This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:Despite being unable to overcome that line yet and falling slightly, BTC still trades north of $27,000. Its market cap is above $520 billion, while its dominance over the altcoins has reached its highest levels since June 2022 at over 45% on CMC.The alternative coins experienced notable gains in the past few days as well, but most have retraced today.
Binance Coin, Cardano, Solana, Tron, Shiba Inu, and Polkadot have declined by similar percentages. Dogecoin, Polygon, and Litecoin are down by even more in a day. Nevertheless, the most significant losses come from ATOM, LDO, STX, FIL, and APT. All of these assets have plummeted by somewhere between 5% and 8%.
Naturally, the cumulative market cap of all crypto assets has seen a minor decline, with almost $20 billion evaporated.
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