Bitcoin Dominance Reaches Over 49%, Highest in 2 Years – What’s Going On?

Bitcoin (BTC)'s dominance in the cryptocurrency market has surpassed 49%, reaching its highest level in more than two years. According to data from CoinGecko, Bitcoin's dominance currently stands at 49.58%, almost three times the dominance of Ethereum (ETH), the second-largest crypto by market cap, which sits at around 16.7%. This steady increase in dominance, starting from around 38% at the beginning of the year, signifies a significant surge in Bitcoin's market share.... Read More: Bitcoin Dominance Reaches Over 49%, Highest in 2 Years – What’s Going On?