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BTC Dominance Soars to 64.4% as ETH and Altcoins Struggle for Market Share
By: bitcoin ethereum news|2025/05/15 22:00:14
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In a recent analysis by Glassnode, it was reported that Bitcoin’s market dominance surged to 64.4% on May 8th, reflecting a robust hold in the crypto landscape. Following this, Ethereum’s market share saw an uptick to 9.75% , marking an increase of 3% . Meanwhile, altcoins have adjusted to 22.35% (+2%), with stablecoins experiencing a decline to 6.3% . These fluctuations indicate a dynamic shift within the market, yet both Ethereum and altcoins currently lag behind their historical highs of 18% and 28.5% , respectively. This suggests that the ongoing bull market remains primarily characterized by Bitcoin’s performance, further solidifying its position as the leading asset in the crypto space. Source: https://en.coinotag.com/breakingnews/btc-dominance-soars-to-64-4-as-eth-and-altcoins-struggle-for-market-share/
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