Markets· ★★★· bullish·

Bitcoin dominance nears 60% as traders turn risk-on

  • —Bitcoin dominance is approaching the 60% mark
  • —USDT's market share has fallen to 6.3%
  • —Rising BTC dominance points to risk-on sentiment among traders
Why it matters: Rising bitcoin dominance suggests capital is rotating out of stablecoins into riskier assets, potentially supporting further BTC upside.
#BTC#USDT
Source: CoinDesk
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