Bitcoin’s Dominance Expected to Stabilize Amidst Economic Uncertainty

While Bitcoin’s market share has recently fallen, analysts predict this decline won’t signify a shift towards an ‘altcoin season’. Grayscale’s Head of Research, Zach Pandl, highlights that Bitcoin dominance is likely to increase when macroeconomic instability and risks facing the US dollar become prominent focal points. Conversely, it might decrease if attention shifts towards blockchain technology applications and innovations in the crypto sector.