Bitcoin Dominance Hits 30-Month High as Price Outperforms Altcoins
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Bitcoin's market dominance has hit a 30-month high of 54.4% as its price outperforms altcoins.
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Bitcoin is rallying due to spot ETF and safe haven narratives while Ethereum faces headwinds.
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Bitcoin's price has doubled this year while Ethereum is up 50%, widening their performance gap.
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Historically, Bitcoin leads early crypto cycles before money filters into altcoins later on.
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Bitcoin's bull run from a spot ETF could spark the next major altcoin rally across crypto markets.
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