Bitcoin strikes hard: with a flirting price of $ 97,000 and $ 64.89 %dominance, Queen Crypto has reached its highest level since 2021! BTC, who has been distrustful of altcoins and a tense macro context, crushes the competition and attracts capital.
In short
- Bitcoin reaches 64.85 %, a record since 2021, transmitted by a price of almost $ 97,000.
- Unstable macroeconomic context and politicians strengthen their refuge status in the face of Altcoins.
- The massive inflow of capital through Bitcoin ETF feeds potential domination over 70 %.
Bitcoin: Dominance on the market reaches a 4 -year summit
In a few months, bitcoins domination increased from 57.90 % in December 2024 to almost 65 % this Saturday, which is the highest peak in 4 years. While the BTC is replaced by around $ 97,000, this procedure means the return of the active king to the market in full rise.
This magnificent climb is explained by two key factors:
- Insecure macroeconomic context: flights of investors outside traditional assets, such as the US Treasury, have strengthened the attraction of bitcoins, more resistant to the reserve of the value of the face of global economic tension.
- Trump’s price policy: Increasing customs rights stored by the US administration has created the climate of instability and cooled appetite for speculative altcoins. On the other hand, Bitcoins are doing well and using its image of its refuge and proven infrastructure.
Unique resistance in uncertain market
David Morrison, head of Trade Nation, explains that bitcoins benefit from the first advantage of the participant, more favorable regulations and strict limited offers that attract both institutional and individual investors.
Even in the period of Bitcoin’s reduction, it shows impressive reflective capacity, unlike many altcoins who are still in difficulty.
While Bitcoin ETF has exhausted $ 4 billion more than ETF or this week, institutional trust seems to strengthen. This could drive BTC over 70 % domination if this trend continues.
While Bitcoin broadcasts its dominance on the crypto of the market, its breakthrough fears some regulatory organs. Italy Bank alerts systemic risks to integrate BTC into national reserves. The rise of power that fascinates … but which could also rebuch world stability cards.
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The world is evolving and adaptation is the best weapon that survives in this undulating universe. I am interested in everything about blockchain and its derivatives. To share my experience and promote an area that fascinates me, nothing better than writing informative and relaxed articles simultaneously.
Renunciation
The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.
