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BTC Dominance Soars to 64.4% as ETH and Altcoins Struggle for Market Share
By: en coinotag|2025/05/15 20:00:19
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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.
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