Binance Reveals Dominant Altcoin Presence: 60% Trading Volume Shifts Away From Bitcoin

Binance’s trading volume data reveals a significant shift in the cryptocurrency market, with altcoins now representing 60% of all activity. This surge in altcoin dominance is attributed to increased diversification among traders, who are moving beyond Bitcoin’s gravitational pull and investing in other digital assets. The change comes amidst Bitcoin’s declining volume dominance, reflecting changing trader sentiment and risk appetite.