Financial Insights That Matter
ChainCatcher news, according to TradingView data, Bitcoin’s market dominance (BTC.D) has remained above 60% for most of the past month since it returned to 60% on February 2, currently reported at 61.25%, and the market seems to be at a standstill.
According to analyst ai_9684xtpa sharing historical data, when Bitcoin’s market dominance surged above 60% last November, altcoins entered a small bull market. In 2019 and 2021, Bitcoin’s market dominance also reached highs of over 70%, followed by a general market rally.
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click “Report”, and we will handle it promptly.
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