Bitcoin dominance hits new cycle record of 58.8%, highest since 2021
Bitcoin’s market dominance has surged to 58.8%, marking its highest level since 2021. This metric, which tracks Bitcoin’s share of the total crypto market capitalization, has steadily increased after hitting a low of around 38% in the aftermath of the 2022 bear market. The current level is comparable to Bitcoin’s dominance at the onset of […] The post Bitcoin dominance hits new cycle record of 58.8%, highest since 2021 appeared first on CryptoSlate.