The cryptocurrency market has witnessed a notable decline in altcoin dominance, with the metric plummeting to 9.88% as of the latest data. This represents a stark 15% drop over the past 30 days, underscoring a significant shift in investor sentiment and market dynamics, according to data from TradingView.
Understanding Altcoin Dominance
Altcoin dominance is a metric that reflects the collective market share of all cryptocurrencies excluding Bitcoin (BTC).·
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