Sentiment: Negative
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Bitcoin dominance crosses 50% for first time since April 2021
By Samuel Wan at 2025-04-01 12:16
Sentiment: Negative
Bitcoin now accounts for half of the total crypto market cap – crossing 50% dominance for the first time since April 2021. The chart below shows Bitcoin dominance finding a local bottom at 39.9% around November 2021 – when FTX, and its native FTT token, collapsed, triggering narratives around worthless altcoins and Ponzinomics. Since then, […] The post Bitcoin dominance crosses 50% for first time since April 2021 appeared first on CryptoSlate. Continue reading...
Categories: Analysis
Tags: #Analysis
Source CryptoSlate