Bitcoin dominance just crossed 60%. That's not a bullish signal.
BTC is at $80,650, down 1%. But ETH is down 2%, SOL down 2%, Hyperliquid down 3%. Altcoins are bleeding faster than Bitcoin.
When dominance rises during a selloff, it doesn't mean money is flowing into BTC. It means money is leaving altcoins faster than it's leaving BTC. Capital is consolidating into the safest crypto asset, not rotating into risk.
The trigger isn't crypto-specific. Brent crude is above $100, inflation pressure is building, and $635M left Bitcoin ETFs on October 22.
Watching if dominance holds above 60% or if altcoins stabilize first.
$BTC $ETH $SOL
#crypto #MarketPulse #bitcoindominance #Macro #BinanceSquare
BTC is at $80,650, down 1%. But ETH is down 2%, SOL down 2%, Hyperliquid down 3%. Altcoins are bleeding faster than Bitcoin.
When dominance rises during a selloff, it doesn't mean money is flowing into BTC. It means money is leaving altcoins faster than it's leaving BTC. Capital is consolidating into the safest crypto asset, not rotating into risk.
The trigger isn't crypto-specific. Brent crude is above $100, inflation pressure is building, and $635M left Bitcoin ETFs on October 22.
Watching if dominance holds above 60% or if altcoins stabilize first.
$BTC $ETH $SOL
#crypto #MarketPulse #bitcoindominance #Macro #BinanceSquare