
Bitcoin dominance jumps 2.7 points, strongest since April as altcoins slide
- —BTC dominance up 2.70 points in a month, the largest gain since April
- —BTC +1.72% over the month; ETH -8.22%, XRP -7.30%, SOL -5.95%
- —HYPE -13.45%, ZEC -25.45%; NEAR +36.21% leads the top 100
- —Market cap outside the top 10 sits 16% below its late-September peak
Why it matters: Altcoins now hinge on bitcoin: a breakout would revive risk appetite, while a drop below $80,000 could deepen the selloff.
Source: Newsbit