Solana Hits New File Excessive as Layer 1 Tokens Observe Bitcoin’s Features

The bitcoin dominance ratio, which measures bitcoin’s market capitalization relative to the overall crypto market capitalization, dropped to as little as 44.62% over the weekend, earlier than it returned to roughly 45% on Monday, in line with TradingView. The lower within the dominance ratio prior to now few days indicated that at the very least a part of bitcoin’s momentum had shifted to different tokens (altcoins).

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