📊 Crypto Market Dominance Update
Bitcoin continues to hold strong control over the crypto market with 58.72% dominance, showing investors are still favoring BTC amid uncertainty. Ethereum follows with 10.51% dominance, maintaining its position as the leading altcoin.
The Altcoin Season Index sits at 28/100, clearly signaling that the market is still in Bitcoin Season, not altcoin season yet. This suggests capital rotation remains limited toward alts.
Low ETH gas fees (≈0.25 Gwei) indicate reduced on-chain activity, while high BTC & ETH options volatility shows traders are positioning for big moves ahead.
🔍 Market Insight:
As long as BTC dominance stays elevated, altcoins may struggle to outperform. A drop in BTC dominance could be the first signal of an upcoming altcoin rally.
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