Bitcoin’s price action recently has been a rollercoaster ride, flirting with new all-time highs despite many altcoins experiencing explosive growth this week. Following the release of July’s US CPI report, BTC managed to recover some ground and is now just shy of $120,000 on Bitstamp. This follows a period where it saw a brief dip below $113,000 but quickly bounced back thanks to persistent bullish momentum. 80% of the crypto market cap is still dominated by Bitcoin, but this dominance is slowly shrinking in the face of continued altcoin gains. 130% price jump for OKX’s native token, OKB, has propelled it to a new all-time high and other notable gains are being seen across the landscape, with tokens like GT, CRV, and PUMP seeing double-digit surges.