Bitcoin Dominance Hits One-Month High of 60.05% as Altcoins Slide
- —BTC dominance rose over 1% from recent lows to 60.05%
- —BTC fell 3.3% to $80,580; ETH dropped 6% to $2,413
- —XRP lost 7.4% to $1.33, SOL 9.2% to $106.21, ZEC 14%
- —24-hour liquidations reached $900 million, affecting 150,000 traders
Why it matters: Rising Bitcoin dominance signals capital fleeing altcoins, which may keep underperforming the broader market.
Source: U.Today