đ Crypto Market Dominance Update
Bitcoin continues to hold strong control over the crypto market with 58.72% dominance, showing investors are still favoring BTC amid uncertainty. Ethereum follows with 10.51% dominance, maintaining its position as the leading altcoin.
The Altcoin Season Index sits at 28/100, clearly signaling that the market is still in Bitcoin Season, not altcoin season yet. This suggests capital rotation remains limited toward alts.
Low ETH gas fees (â0.25 Gwei) indicate reduced on-chain activity, while high BTC & ETH options volatility shows traders are positioning for big moves ahead.
đ Market Insight:
As long as BTC dominance stays elevated, altcoins may struggle to outperform. A drop in BTC dominance could be the first signal of an upcoming altcoin rally.
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