Next scheduled rescrape ... never
Version 1
Last scraped
Scraped on 16/07/2025, 15:35:41 UTC
Ethereum is trying to push higher, with some calling for a move to $3500. But Bitcoin dominance remains above 60% and shows no signs of dropping.
Even ETH.BTC looks weak- altcoins just can't gain momentum, not even in relative terms.
Is there any real reason to focus on altcoins right now while BTC still controls the market?
Or will ETH just keep following the BTC lead without any independent strength?
Even ETH.BTC looks weak- altcoins just can't gain momentum, not even in relative terms.
Is there any real reason to focus on altcoins right now while BTC still controls the market?
Or will ETH just keep following the BTC lead without any independent strength?
According to the CoinMarketCap dominance chart, Bitcoin has a huge dominance over other coins currently, and it is increasing. Although it was higher than it is now but that was the early years of crypto inception, and the markets have not been that saturated with shitcoins and other irrelevant crypto coins in the market. However, even with the fact that there are lots of other coins in the market, they are not near the dominance of Bitcoin in percentage.
Below is an excerpt from the CoinMarketCap crypto dominance chart for your review.
Original archived Re: ETH to $3500? But what about BTC dominance?
Scraped on 16/07/2025, 15:05:49 UTC
Ethereum is trying to push higher, with some calling for a move to $3500. But Bitcoin dominance remains above 60% and shows no signs of dropping.
Even ETH.BTC looks weak- altcoins just can't gain momentum, not even in relative terms.
Is there any real reason to focus on altcoins right now while BTC still controls the market?
Or will ETH just keep following the BTC lead without any independent strength?
Even ETH.BTC looks weak- altcoins just can't gain momentum, not even in relative terms.
Is there any real reason to focus on altcoins right now while BTC still controls the market?
Or will ETH just keep following the BTC lead without any independent strength?
When you talk of "shows signs of dropping, "how do you mean by that? because you also said it is above 60% which is very much visible to see, and still yet it is dominating, even ETH is not any way near bitcoin dominance in the crypto market, so how is it that bitcoin dominance is dropping when the adoption is gradually increasing every day.
According to the CoinMarketCap dominance chart, Bitcoin has a huge dominance over other coins currently, and it is increasing. Although it was higher than it is now but that was the early years of crypto inception, and the markets have not been that saturated with shitcoins and other irrelevant crypto coins in the market. However, even with the fact that there are lots of other coins in the market, they are not near the dominance of Bitcoin in percentage.
Below is an excerpt from the CoinMarketCap crypto dominance chart for your review.