- BTC dominance holds near 59.46%, above the key 59.35%-59.40% four-hour support zone.
- TOTAL2 fell to $1.038T, slipping below the key $1.042T weekly market level.
- A BTC.D break above 59.69% would strengthen Bitcoin’s relative market-share lead.
Bitcoin is gaining market share as BTC dominance holds near 59.46%, while TOTAL2 has fallen toward $1.04 trillion. This divergence confirms stronger relative performance for Bitcoin, although it does not prove that fresh capital is flowing directly into BTC.
TradingView calculates BTC dominance by dividing Bitcoin’s market capitalization by the total value of its top 125 tracked cryptocurrencies. As a result, dominance can rise when Bitcoin gains, when altcoins fall faster, or when both movements occur at the same time.
That distinction is important in the current market setup, particularly after Tuesday’s selloff. In…
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