$BTC doesn't need to pump to dominate
Jul-Sep 2025: $BTC traded near ATH, but dominance dropped 62% → 54%
2026: Market corrected, $BTC lost ~50% from local top, yet dominance climbed back to 58-59%
The alpha: $BTC dominance rises even in drawdowns. When liquidity exits shitcoins and speculative plays, capital flows back to the most liquid asset
$BTC wins when it pumps. $BTC also wins when everything else bleeds faster
Flight to quality is real