BTC Dominance Surges Past 61%
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Bitcoin's market dominance has climbed above 61%, reflecting a continued flight to safety as BTC leads crypto market inflows. This trend underscores Bitcoin's status as the preferred asset amid macroeconomic uncertainty, with altcoins struggling to keep pace. Data shows that Binance-listed altcoins' share of total trading volume dropped to 49% in March, indicating a shift in trader focus toward Bitcoin. The dominance spike suggests that altcoin season may be delayed unless BTC stabilizes or corrects, allowing capital to rotate into smaller caps. However, if BTC maintains its upward trajectory, altcoins could follow once Bitcoin's momentum consolidates.
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