Bitcoin dominance is nearing 60%… and risk appetite is improving
👀 Bitcoin dominance is nearing 60%… Does your portfolio reflect this appetite for risk?
Bitcoin’s share of the market is approaching 60%. Meanwhile, Tether dominance has fallen to 6.3%, pointing to greater comfort with risk.
• Bitcoin is strengthening its relative weight in the market.
• Tether’s share is declining, but that alone doesn’t prove money is flowing out of it.
💧 Impact on the market and liquidity:
My read is that the balance may be shifting toward higher-risk assets, but rising Bitcoin dominance doesn’t necessarily mean a broad rally in altcoins.
🎯 Most affected: Bitcoin, Tether, altcoins.
Do you think risk appetite will remain concentrated in Bitcoin, or spread to altcoins? 👇
$BTC #Bitcoin $USDT #Tether #Crypto
👀 Bitcoin dominance is nearing 60%… Does your portfolio reflect this appetite for risk?
Bitcoin’s share of the market is approaching 60%. Meanwhile, Tether dominance has fallen to 6.3%, pointing to greater comfort with risk.
• Bitcoin is strengthening its relative weight in the market.
• Tether’s share is declining, but that alone doesn’t prove money is flowing out of it.
💧 Impact on the market and liquidity:
My read is that the balance may be shifting toward higher-risk assets, but rising Bitcoin dominance doesn’t necessarily mean a broad rally in altcoins.
🎯 Most affected: Bitcoin, Tether, altcoins.
Do you think risk appetite will remain concentrated in Bitcoin, or spread to altcoins? 👇
$BTC #Bitcoin $USDT #Tether #Crypto