Bitcoin's market share once rose to 64.67%, but now fell back to 64.30%

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MarsBit
04-23
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Mars Finance News, on April 23, according to TradingView data, the Bitcoin market dominance (BTC.D) briefly rose to 64.67% this morning, reaching a new high since February 2021, and has now fallen back to 64.30%. The high Bitcoin market dominance indicates the stagnation of the Altcoin market, but may also indirectly suggest an imminent market rebound. Based on previous historical data, when the Bitcoin market dominance rose to 60% last November, Altcoins started a small bull market. In 2019 and 2021, when the Bitcoin market dominance reached peaks above 70%, it was followed by a spectacular broad market rally.

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