Uptrend in Bitcoin’s (BTC) Dominance Rate Threatened by Fed Rate Cycle, Crypto Asset Manager Says

BTC’s dominance rate, or the cryptocurrency’s share in the total market capitalization, has increased from 38% to 58% in two years, according to data source TradingView. In other words, BTC has seen faster gains relative to the wider market, leading the doubling of the total digital asset market value to over $2 trillion.