Is Capital Abandoning Altcoins? Ethereum and Solana Price Struggle as Bitcoin Dominance Rises

The crypto market is showing another worrying sign for altcoin investors. Ethereum and Solana price are struggling to recover as Bitcoin dominance climbs toward 61%. Ethereum trades at the $2,050 level, while Solana changes hands below $85. Both coins remain under pressure as market sentiment deteriorates. Bitcoin dominance has reached 60.5%, gaining one percentage point over the past 30 days. The shift shows investors are favoring Bitcoin over altcoins during the market downturn. Bitcoin Dominance Rises as Altcoins Lose Ground Bitcoin dominance measures BTC’s share of the total crypto market cap. When the metric rises, Bitcoin is outperforming the rest of the market. The reading puts Bitcoin’s market share at 60.4%, compared with 59.4% one month earlier.

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