🚀 **Bitcoin Dominance Hits New High!**

Bitcoin's dominance in the crypto market has surged to 58.91%, a level last seen in April 2021! 📈 This rise is driven by Bitcoin's impressive week-over-week gain of over 12%, pushing its price above $68,000 for the first time since late July. Meanwhile, the broader CoinDesk 20 Index is up by 9%.

- **Market Cap Snapshot**: Total crypto market cap stands at $2.281 trillion, with Bitcoin alone accounting for $940 billion.

- **Historical Context**: Bitcoin's dominance peaked above 70% during the 2020-21 bull market, then dipped to around 40% mid-2021, and has been climbing steadily since late 2022.

- **Ether's Role**: Ether's underperformance is a key factor. The ETH/BTC ratio is at its weakest since April 2021, highlighting Ether's struggle against Bitcoin.

What are your thoughts on Bitcoin's rising dominance? Drop your comments below! 💬