Bitcoin dominance is rising again


After reaching a bottom in December 2024 at around 54%, BTC dominance has surged beyond 57% in January 2025.
This reflects the 2020 cycle, where BTC dominance reached its lowest point in Nov '20 #GT Hits ATH ~60%#Gate.io Reserves Surpass $10 Billion , then rose to 69% in Jan '21 before starting to decline again.
In the last cycle, Bitcoin dominance peaked near 72%. Shortly after, BTC reached around $40K - more than 2x the previous cycle's ATH - but still far from the eventual $64K peak. Dominance began to decline as BTC prices surged, indicating a shift in risk appetite towards more risky assets.
#glassnode
GT-0,58%
ATH-1,24%
BTC-0,13%
MANA1,03%
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GateUser-a8f6f9bevip
· 2025-01-25 09:32
Bull Run 🐂
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