📣 Crypto News Flash: Bitcoin's seven-month winning streak is on the brink of ending, with an 11% monthly loss, the first since August 2023. Factors such as reduced demand for spot ETFs and a general risk aversion in financial markets have contributed to this slowdown. However, Bitcoin's dominance rate has risen past a critical level, suggesting potential growth in the crypto market.

Analysts are keeping a close eye on the U.S. Treasury's upcoming quarterly refunding statement, which could impact liquidity and risk assets.

Despite the current dip, Bitcoin's dominance rate in the crypto market has reached a three-year high of 57%. This suggests that Bitcoin may continue to outperform altcoins in the coming months.

What are your thoughts on Bitcoin's current market position? Share your insights in the comments! 💬👇