Bitcoin’s market dominance has surged to an impressive 56% of the total cryptocurrency market capitalization, marking a pivotal moment in the digital asset space. This significant increase from 38.7% in November 2022 comes during a period of market turbulence, macroeconomic uncertainty, and shifting institutional interests.
Bitcoin’s Dominance Soars
Recent data from Glassnode reveals that Bitcoin’s market dominance has reached its highest point in years.·
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