Just checked the charts and Bitcoin's dominance is sitting pretty at around 56% right now. That's a solid chunk of the market, which basically means money keeps flowing into BTC while alts are getting left behind. This BTC dominance level is pretty telling—as long as it stays this strong, most altcoins are going to struggle to catch any real momentum. For alt season to actually kick off, we'd need to see Bitcoin dominance drop significantly. Until that happens, BTC is going to keep eating most of the capital. Pretty straightforward market dynamic.

BTC0.42%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments