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Bitcoin Dominance Nears 61 Percent as Altcoin Market Share Declines

(3 hours ago) · 1 source · Summarized by CryptoBipto

Bitcoin's share of the total cryptocurrency market capitalization is testing the 61% level, indicating that capital is concentrating in Bitcoin rather than spreading to alternative cryptocurrencies. This trend suggests that the period sometimes called 'altcoin season,' when smaller tokens outperform Bitcoin, has not materialized.

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SOURCES

  • beincrypto.com

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