Bitcoin dominance reached 60.14% as total crypto market cap dropped 5.35% to $2.48 trillion.
$BTC fell 1.60% to $74,615 over 24 hours, while $ETH dropped 4.42% to $2,136.34. On Binance spot, Bitcoin traded between $73,510 and $76,200 with 897.9M USDT in quote volume across 1.75 million trades. The Fear & Greed index sits at 29, keeping sentiment firmly in Fear.
My read: when altcoins take larger losses than Bitcoin during a market pullback, capital is rotating internally to reduce risk rather than exiting the ecosystem entirely.
Did you move into stablecoins this week or sit through the altcoin drawdown?
#MarketUpdate #JobsReportRaisesHikeOdds
$BTC fell 1.60% to $74,615 over 24 hours, while $ETH dropped 4.42% to $2,136.34. On Binance spot, Bitcoin traded between $73,510 and $76,200 with 897.9M USDT in quote volume across 1.75 million trades. The Fear & Greed index sits at 29, keeping sentiment firmly in Fear.
My read: when altcoins take larger losses than Bitcoin during a market pullback, capital is rotating internally to reduce risk rather than exiting the ecosystem entirely.
Did you move into stablecoins this week or sit through the altcoin drawdown?
#MarketUpdate #JobsReportRaisesHikeOdds
