Bitcoin (BTC) Dominance Rate Uptrend Threatened by Fed Rate Cycle, Says Crypto Asset Manager

BTC’s dominance rate, or the cryptocurrency’s share of total market capitalization, has risen from 38% to 58% in two years, according to data source TradingView. In other words, BTC has seen faster gains compared to the broader market, doubling the total value of the digital asset market to over $2 trillion.