Bitcoin Market Share Hits 58% As Altcoin Drives Falter

ZyCrypto

2025-02-01 18:49:46

BTC-1,26%

Bitcoin dominance continued to rise amid anticipation of an altcoin season at the start of the year. The crypto market has faced harsh headwinds in the last two weeks, reshaping whale holdings and asset dominance. This stems from a flurry of macro factors as global politics intensify crippling digital assets. Overall, the wider crypto market cap is above $3.5 trillion following Bitcoin’s recovery

BTC Price Outpaces Altcoins

On-chain data shows Bitcoin dominance stands at 58% and is projected

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