Bitcoin’s Dominance Soars to Record High, Signaling Potential for Altcoin Pullback

Bitcoin’s dominance in the cryptocurrency market is at an unprecedented level, reaching as high as 65% according to analyst Rekt Capital. This surge signifies a critical threshold that could trigger a pullback for altcoins, potentially affecting their performance. However, whether this marks a starting point for a new wave of altcoin gains remains to be seen as the market navigates these shifts.