• bitcoinBitcoin (BTC) $ 67,902.00
  • ethereumEthereum (ETH) $ 3,268.59
  • tetherTether (USDT) $ 0.999903
  • bnbBNB (BNB) $ 580.22
  • solanaSolana (SOL) $ 182.50
  • usd-coinUSDC (USDC) $ 0.999960
  • xrpXRP (XRP) $ 0.600458
  • staked-etherLido Staked Ether (STETH) $ 3,268.42
  • dogecoinDogecoin (DOGE) $ 0.133488
  • the-open-networkToncoin (TON) $ 6.71
  • cardanoCardano (ADA) $ 0.416301
  • tronTRON (TRX) $ 0.137370
  • avalanche-2Avalanche (AVAX) $ 28.65
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 67,884.00
  • shiba-inuShiba Inu (SHIB) $ 0.000017
  • chainlinkChainlink (LINK) $ 13.55
  • polkadotPolkadot (DOT) $ 5.85
  • bitcoin-cashBitcoin Cash (BCH) $ 377.07
  • nearNEAR Protocol (NEAR) $ 5.72
  • uniswapUniswap (UNI) $ 7.67
  • leo-tokenLEO Token (LEO) $ 5.82
  • litecoinLitecoin (LTC) $ 71.39
  • daiDai (DAI) $ 0.999809
  • pepePepe (PEPE) $ 0.000012
  • wrapped-eethWrapped eETH (WEETH) $ 3,413.64
  • matic-networkPolygon (MATIC) $ 0.513627
  • internet-computerInternet Computer (ICP) $ 9.72
  • kaspaKaspa (KAS) $ 0.181784
  • ethereum-classicEthereum Classic (ETC) $ 22.90
  • aptosAptos (APT) $ 6.98
  • ethena-usdeEthena USDe (USDE) $ 0.998961
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.28
  • stellarStellar (XLM) $ 0.103065
  • moneroMonero (XMR) $ 162.16
  • mantleMantle (MNT) $ 0.851056
  • blockstackStacks (STX) $ 1.86
  • filecoinFilecoin (FIL) $ 4.64
  • render-tokenRender (RENDER) $ 6.72
  • dogwifcoindogwifhat (WIF) $ 2.62
  • bittensorBittensor (TAO) $ 351.15
  • injective-protocolInjective (INJ) $ 25.71
  • okbOKB (OKB) $ 40.99
  • makerMaker (MKR) $ 2,640.45
  • crypto-com-chainCronos (CRO) $ 0.091436
  • hedera-hashgraphHedera (HBAR) $ 0.068343
  • arbitrumArbitrum (ARB) $ 0.725032
  • cosmosCosmos Hub (ATOM) $ 6.16
  • immutable-xImmutable (IMX) $ 1.55
  • vechainVeChain (VET) $ 0.028579
  • arweaveArweave (AR) $ 30.99
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999021
  • bonkBonk (BONK) $ 0.000029
  • suiSui (SUI) $ 0.784625
  • optimismOptimism (OP) $ 1.73
  • the-graphThe Graph (GRT) $ 0.200349
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,659.17
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,318.35
  • flokiFLOKI (FLOKI) $ 0.000180
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,393.24
  • bitget-tokenBitget Token (BGB) $ 1.14
  • thorchainTHORChain (RUNE) $ 4.66
  • theta-tokenTheta Network (THETA) $ 1.51
  • notcoinNotcoin (NOT) $ 0.014270
  • whitebitWhiteBIT Coin (WBT) $ 10.11
  • jupiter-exchange-solanaJupiter (JUP) $ 1.08
  • aaveAave (AAVE) $ 97.49
  • ondo-financeOndo (ONDO) $ 1.00
  • pyth-networkPyth Network (PYTH) $ 0.392429
  • lido-daoLido DAO (LDO) $ 1.57
  • jasmycoinJasmyCoin (JASMY) $ 0.028837
  • based-brettBrett (BRETT) $ 0.132083
  • fantomFantom (FTM) $ 0.460967
  • coredaoorgCore (CORE) $ 1.37
  • celestiaCelestia (TIA) $ 5.99
  • sei-networkSei (SEI) $ 0.371549
  • algorandAlgorand (ALGO) $ 0.142943
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,270.39
  • quant-networkQuant (QNT) $ 73.08
  • flowFlow (FLOW) $ 0.674198
  • mantra-daoMANTRA (OM) $ 1.19
  • gatechain-tokenGate (GT) $ 7.60
  • msolMarinade Staked SOL (MSOL) $ 220.01
  • kucoin-sharesKuCoin (KCS) $ 9.70
  • beam-2Beam (BEAM) $ 0.018376
  • popcatPopcat (POPCAT) $ 0.943778
  • elrond-erd-2MultiversX (EGLD) $ 33.48
  • axie-infinityAxie Infinity (AXS) $ 6.08
  • heliumHelium (HNT) $ 5.30
  • bitcoin-svBitcoin SV (BSV) $ 44.89
  • ethereum-name-serviceEthereum Name Service (ENS) $ 26.86
  • galaGALA (GALA) $ 0.023766
  • eosEOS (EOS) $ 0.577513
  • flare-networksFlare (FLR) $ 0.019312
  • bittorrentBitTorrent (BTT) $ 0.00000087
  • tokenize-xchangeTokenize Xchange (TKX) $ 10.42
  • neoNEO (NEO) $ 11.72
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,328.69
  • ordinalsORDI (ORDI) $ 38.97
  • akash-networkAkash Network (AKT) $ 3.30
  • ethenaEthena (ENA) $ 0.463268
  • dydx-chaindYdX (DYDX) $ 1.30
  • tezosTezos (XTZ) $ 0.777181
  • the-sandboxThe Sandbox (SAND) $ 0.328957
  • conflux-tokenConflux (CFX) $ 0.175966
  • fasttokenFasttoken (FTN) $ 2.33
  • usddUSDD (USDD) $ 1.00
  • roninRonin (RON) $ 2.07
  • worldcoin-wldWorldcoin (WLD) $ 2.36
  • starknetStarknet (STRK) $ 0.538209
  • ecasheCash (XEC) $ 0.000035
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.007863
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000033
  • nexoNEXO (NEXO) $ 1.21
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,527.03
  • fraxFrax (FRAX) $ 0.996795
  • decentralandDecentraland (MANA) $ 0.342618
  • raydiumRaydium (RAY) $ 2.40
  • chilizChiliz (CHZ) $ 0.070203
  • frax-etherFrax Ether (FRXETH) $ 3,270.56
  • pendlePendle (PENDLE) $ 3.90
  • mog-coinMog Coin (MOG) $ 0.000002
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • mina-protocolMina Protocol (MINA) $ 0.523485
  • oasis-networkOasis Network (ROSE) $ 0.088302
  • book-of-memeBOOK OF MEME (BOME) $ 0.008601
  • zksyncZKsync (ZK) $ 0.161267
  • tether-goldTether Gold (XAUT) $ 2,386.74
  • aioz-networkAIOZ Network (AIOZ) $ 0.528970
  • havvenSynthetix Network (SNX) $ 1.74
  • gnosisGnosis (GNO) $ 214.55
  • iotaIOTA (IOTA) $ 0.165040
  • nervos-networkNervos Network (CKB) $ 0.012417
  • dexeDeXe (DEXE) $ 9.53
  • swethSwell Ethereum (SWETH) $ 3,477.58
  • klay-tokenKlaytn (KLAY) $ 0.143863
  • apecoinApeCoin (APE) $ 0.788894
  • astarAstar (ASTR) $ 0.075102
  • layerzeroLayerZero (ZRO) $ 4.77
  • wormholeWormhole (W) $ 0.290959
  • aerodrome-financeAerodrome Finance (AERO) $ 0.932177
  • livepeerLivepeer (LPT) $ 15.06
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,566.98
  • axelarAxelar (AXL) $ 0.677295
  • true-usdTrueUSD (TUSD) $ 1.00
  • safeSafe (SAFE) $ 1.16
  • zcashZcash (ZEC) $ 32.42
  • xdce-crowd-saleXDC Network (XDC) $ 0.031248
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000085
  • 1inch1inch (1INCH) $ 0.370415
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.98
  • theta-fuelTheta Fuel (TFUEL) $ 0.068975
  • kavaKava (KAVA) $ 0.420122
  • illuviumIlluvium (ILV) $ 67.88
  • aevo-exchangeAevo (AEVO) $ 0.525019
  • bitcoin-goldBitcoin Gold (BTG) $ 25.57
  • pax-goldPAX Gold (PAXG) $ 2,386.22
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.02
  • apenftAPENFT (NFT) $ 0.00000043
  • iotexIoTeX (IOTX) $ 0.044852
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.004198
  • wemix-tokenWEMIX (WEMIX) $ 1.03
  • constitutiondaoConstitutionDAO (PEOPLE) $ 0.080914
  • turboTurbo (TURBO) $ 0.005980
  • usdbUSDB (USDB) $ 0.996295
  • jito-governance-tokenJito (JTO) $ 3.26
  • h2o-daoH2O Dao (H2O) $ 0.482109
  • g-tokenGravity (G) $ 0.053969
  • mx-tokenMX (MX) $ 3.98
  • project-galaxyGalxe (GAL) $ 3.24
  • woo-networkWOO (WOO) $ 0.198259
  • stader-ethxStader ETHx (ETHX) $ 3,383.45
  • ether-fiEther.fi (ETHFI) $ 2.19
  • manta-networkManta Network (MANTA) $ 0.973021
  • safepalSafePal (SFP) $ 0.778938
  • superfarmSuperVerse (SUPER) $ 0.782239
  • arkhamArkham (ARKM) $ 1.45
  • compound-governance-tokenCompound (COMP) $ 51.26
  • compound-ethercETH (CETH) $ 65.69
  • memecoin-2Memecoin (MEME) $ 0.015465
  • venomVenom (VENOM) $ 0.188672
  • stepnGMT (GMT) $ 0.152351
  • singularitynetSingularityNET (AGIX) $ 0.551330
  • golemGolem (GLM) $ 0.344271
  • rocket-poolRocket Pool (RPL) $ 16.33
  • blurBlur (BLUR) $ 0.188207
  • 0x0x Protocol (ZRX) $ 0.391927
  • dymensionDymension (DYM) $ 1.71
  • kusamaKusama (KSM) $ 21.61
  • aragonAragon (ANT) $ 8.19
  • osmosisOsmosis (OSMO) $ 0.487025
  • ponkePONKE (PONKE) $ 0.599940
  • availAvail (AVAIL) $ 0.190261
  • zilliqaZilliqa (ZIL) $ 0.017232
  • dashDash (DASH) $ 26.97
  • beldexBeldex (BDX) $ 0.048080
  • altlayerAltLayer (ALT) $ 0.138404
  • corgiaiCorgiAI (CORGIAI) $ 0.000930
  • echelon-primeEchelon Prime (PRIME) $ 7.42
  • magaMAGA (TRUMP) $ 6.81
  • curve-dao-tokenCurve DAO (CRV) $ 0.266423
Bitcoin

Bitcoin and Tether Dominance Surges as Investors Flock to Safe Havens

By admin
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Bitcoin and Tether Dominance Surges as Investors Flock to Safe Havens

Bitcoin, the top cryptocurrency by market cap, and Tether, the most popular stablecoin, have boosted their share of the total crypto market. Measured as a percentage of the total crypto market capitalization, Bitcoin dominance spiked to nearly 50% early on Saturday morning.

At around the same time, USDT dominance surged to over 8.2%.

Bitcoin Dominance Rises as Investors Flee Altcoin Market Crash

As is often the case with rises in Bitcoin dominance, Saturday’s increases coincided with a major altcoin market crash.

The reasons behind the surge in Bitcoin dominance are twofold.

On one hand, the price of BTC has remained resilient compared to many altcoins. With the price of tokens like Solana and Polygon plummeting by over 20% overnight, their market cap shrunk rapidly.

As a result, Bitcoin’s relative share of the total crypto market cap has risen.

Bitcoin and Tether Dominance Surges as Investors Flock to Safe Havens

Bitcoin Dominance BTCD Chart. Source: TradingView

At the same time, bitcoin’s comparatively stable price offers investors a degree of protection. This drives more funds out of altcoin markets and into bitcoin as investors seek refuge from falling prices.

BTC’s dominance rate has been steadily rising since November. And it increased rapidly during the March U.S. banking crisis. Following Saturday’s surge, bitcoin dominance is at its highest level since 2021.

If you want to learn more about Bitcoin dominance and how it affects the crypto market, read here:


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