💸 Bitcoin's dominance index is at its highest level since 2021

Bitcoin's market share exceeds 56%, the highest value in more than three years.

🔼 Traditionally, a decrease in Bitcoin's dominance is seen as the beginning of an "altcoin season," while an increase in Bitcoin's market share relative to the rest of the crypto market indicates the instability of alternative cryptocurrencies.

$BTC #July_NonFarmPayrolls_Shock #US_Job_Market_Slowdown #Babylon_Mainnet_Launch #BinanceHODLerBANANA