Uptrend in Bitcoin’s Dominance Rate Threatened by Fed Rate Cut Cycle, Crypto Asset Manager Says

BTC’s dominance rate, or the cryptocurrency’s share in the total market capitalization, has increased from 38% to 58% in two years, according to data source TradingView. In other words, BTC has seen faster gains relative to the wider market, leading the doubling of the total digital asset market value to over $2 trillion.

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Cryptocurrencies: 17,078
Markets: 1,238
Marketcap: $ 3.31 T
24h Vol: $ 144.16 B
BTC Dominance: 58.47%