Bitcoin dominance sits at 58.7%, signaling continued capital concentration in the king coin. This metric measures BTC's share of total crypto market cap — when it rises, money flows into Bitcoin; when it falls, altcoins typically outperform.
At 58.7%, we're well above the 50-55% threshold that historically precedes altcoin season. This suggests a "bad" time for aggressive altcoin exposure — BTC is still sucking liquidity from the broader market. ETH at 11.3%
At 58.7%, we're well above the 50-55% threshold that historically precedes altcoin season. This suggests a "bad" time for aggressive altcoin exposure — BTC is still sucking liquidity from the broader market. ETH at 11.3%