On July 14, Bitcoin surged past the $122,000 threshold, establishing a new all-time high and driving its market dominance (BTC.D) back to 64.77%. This resurgence underscores Bitcoin’s continued primacy in the cryptocurrency ecosystem. Concurrently, the altcoin market capitalization, represented by TOTAL2 and including Ethereum (ETH), has experienced a robust 30% increase from its June lows, now valued at approximately $1.32 trillion. These dynamics highlight a broad-based recovery across the crypto sector, reflecting renewed investor confidence and capital inflows into both Bitcoin and alternative digital assets.
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Source: https://en.coinotag.com/breakingnews/bitcoin-surges-past-122000-market-dominance-rebounds-to-64-77-amid-altcoin-rally/