Bitcoin dominance reached 53.68% yesterday.

 

This is the ℎ𝑖𝑔ℎ𝑒𝑠𝑡 𝑙𝑒𝑣𝑒𝑙 𝑖𝑛 𝑡ℎ𝑟𝑒𝑒 𝑦𝑒𝑎𝑟𝑠 since April 2021.

 

𝐖𝐡𝐚𝐭 𝐝𝐨𝐞𝐬 𝐢𝐭 𝐦𝐞𝐚𝐧?

 

People are investing more in #Bitcoin compared to #altcoins. 

 

This means one of two things.

 

1️⃣ Either $BTC is rising faster than altcoins or 

 

2️⃣ Bitcoin is falling slower than altcoins.