⚪Bitcoin’s dominance index has risen to 62%, reflecting the leading cryptocurrency’s continued strength amid weak interest in altcoins. This growth signals increased demand for digital gold, while less liquid tokens remain sidelined — reducing the likelihood of an imminent “altcoin season.”
⚪Analysts attribute this trend to institutional investors’ ongoing focus on Bitcoin and Bitcoin-based products. The lagging performance of Ethereum and other altcoins highlights the divergence in investment strategies, with a clear preference for established, highly liquid assets.