Bitcoin’s Reign Continues: Altcoins Struggle for Traction

Despite a slight dip in market share, Bitcoin remains near its historical peak dominance, indicating that traders are hesitant to fully shift toward altcoin investments. This is partly due to Bitcoin’s size and liquidity being significantly larger than other cryptocurrencies. With over $149 billion in Bitcoin ETFs and a market cap exceeding double the combined value of all other major digital assets, institutions view it as a safer choice given the current uncertain economic environment. Meanwhile, the Altcoin Season Index has fallen into bearish territory, reflecting weaker participation outside Bitcoin.