Attention, crypto enthusiasts! 🚀
Bitcoin (BTC) is at its highest point of market dominance since April 2021, reaching an impressive 58.77% on October 15. Its price reached $67,800 before pulling back to $64,880 and then stabilizing above $67,000, with a market cap of $1.32 trillion.
- BTC is up 2.5% on the day, while altcoins are flat or down.
- Some traders believe BTC dominance will soon fall, paving the way for altcoins.
- ETH, historically the first to move when BTC drops, is at its lowest point in three and a half years against BTC.
Do you think BTC will continue to dominate or is it time for altcoins? Let us know your thoughts in the comments!