Bitcoin Dominance Reaches 4-Year High, Outperforming Altcoins: Binance Report

Crypto markets experienced a notable surge in April, with Bitcoin leading the charge as a result of tariff pauses. A recent report by Binance Research sheds light on this dynamic performance. The report reveals that the market rebounded with an impressive 9.9% growth during April, primarily thanks to these pauses. Despite this recovery, Bitcoin’s dominance has continued its steady rise since 2022. Currently, it accounts for a commanding 63% of total crypto market cap – marking the highest share since 2021.