• bitcoinBitcoin (BTC) $ 64,019.00
  • ethereumEthereum (ETH) $ 3,098.00
  • tetherTether (USDT) $ 0.999971
  • bnbBNB (BNB) $ 593.15
  • solanaSolana (SOL) $ 156.34
  • usd-coinUSDC (USDC) $ 0.999375
  • xrpXRP (XRP) $ 0.538847
  • staked-etherLido Staked Ether (STETH) $ 3,097.89
  • dogecoinDogecoin (DOGE) $ 0.158225
  • the-open-networkToncoin (TON) $ 5.95
  • cardanoCardano (ADA) $ 0.451761
  • shiba-inuShiba Inu (SHIB) $ 0.000024
  • avalanche-2Avalanche (AVAX) $ 36.99
  • tronTRON (TRX) $ 0.119960
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 63,877.00
  • polkadotPolkadot (DOT) $ 7.20
  • bitcoin-cashBitcoin Cash (BCH) $ 480.19
  • chainlinkChainlink (LINK) $ 14.47
  • nearNEAR Protocol (NEAR) $ 7.61
  • matic-networkPolygon (MATIC) $ 0.713921
  • fetch-aiFetch.ai (FET) $ 2.48
  • litecoinLitecoin (LTC) $ 81.55
  • internet-computerInternet Computer (ICP) $ 12.94
  • uniswapUniswap (UNI) $ 7.57
  • leo-tokenLEO Token (LEO) $ 5.77
  • daiDai (DAI) $ 1.00
  • render-tokenRender (RNDR) $ 10.72
  • hedera-hashgraphHedera (HBAR) $ 0.113387
  • ethereum-classicEthereum Classic (ETC) $ 27.23
  • aptosAptos (APT) $ 9.06
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999133
  • cosmosCosmos Hub (ATOM) $ 9.27
  • pepePepe (PEPE) $ 0.000008
  • crypto-com-chainCronos (CRO) $ 0.131020
  • mantleMantle (MNT) $ 1.08
  • filecoinFilecoin (FIL) $ 6.04
  • blockstackStacks (STX) $ 2.26
  • dogwifcoindogwifhat (WIF) $ 3.29
  • immutable-xImmutable (IMX) $ 2.20
  • stellarStellar (XLM) $ 0.110015
  • xtcom-tokenXT.com (XT) $ 3.16
  • wrapped-eethWrapped eETH (WEETH) $ 3,208.15
  • okbOKB (OKB) $ 51.03
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,047.20
  • bittensorBittensor (TAO) $ 444.16
  • optimismOptimism (OP) $ 2.75
  • arbitrumArbitrum (ARB) $ 1.07
  • the-graphThe Graph (GRT) $ 0.291127
  • kaspaKaspa (KAS) $ 0.112540
  • vechainVeChain (VET) $ 0.036452
  • arweaveArweave (AR) $ 40.20
  • makerMaker (MKR) $ 2,838.05
  • suiSui (SUI) $ 1.11
  • moneroMonero (XMR) $ 131.83
  • injective-protocolInjective (INJ) $ 26.14
  • ethena-usdeEthena USDe (USDE) $ 0.997917
  • theta-tokenTheta Network (THETA) $ 2.25
  • fantomFantom (FTM) $ 0.707143
  • thorchainTHORChain (RUNE) $ 5.47
  • celestiaCelestia (TIA) $ 9.96
  • flokiFLOKI (FLOKI) $ 0.000181
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,423.59
  • lido-daoLido DAO (LDO) $ 1.96
  • bonkBonk (BONK) $ 0.000025
  • coredaoorgCore (CORE) $ 1.85
  • galaGALA (GALA) $ 0.046423
  • algorandAlgorand (ALGO) $ 0.197124
  • bitget-tokenBitget Token (BGB) $ 1.14
  • jupiter-exchange-solanaJupiter (JUP) $ 1.15
  • sei-networkSei (SEI) $ 0.542416
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,197.84
  • quant-networkQuant (QNT) $ 99.98
  • whitebitWhiteBIT Coin (WBT) $ 10.03
  • flowFlow (FLOW) $ 0.898099
  • beam-2Beam (BEAM) $ 0.024893
  • singularitynetSingularityNET (AGIX) $ 1.03
  • aaveAave (AAVE) $ 89.11
  • ethenaEthena (ENA) $ 0.906720
  • worldcoin-wldWorldcoin (WLD) $ 6.22
  • bitcoin-svBitcoin SV (BSV) $ 64.66
  • ondo-financeOndo (ONDO) $ 0.844375
  • dydx-chaindYdX (DYDX) $ 2.18
  • zebec-protocolZebec Protocol (ZBC) $ 0.023844
  • bittorrentBitTorrent (BTT) $ 0.000001
  • ribbon-financeRibbon Finance (RBN) $ 1.22
  • wormholeWormhole (W) $ 0.645841
  • flare-networksFlare (FLR) $ 0.029814
  • neoNEO (NEO) $ 16.13
  • chilizChiliz (CHZ) $ 0.126186
  • akash-networkAkash Network (AKT) $ 4.78
  • elrond-erd-2MultiversX (EGLD) $ 40.13
  • gatechain-tokenGate (GT) $ 8.22
  • axie-infinityAxie Infinity (AXS) $ 7.35
  • kucoin-sharesKuCoin (KCS) $ 10.69
  • the-sandboxThe Sandbox (SAND) $ 0.444095
  • ecasheCash (XEC) $ 0.000050
  • tokenize-xchangeTokenize Xchange (TKX) $ 12.06
  • msolMarinade Staked SOL (MSOL) $ 185.52
  • starknetStarknet (STRK) $ 1.30
  • eosEOS (EOS) $ 0.815097
  • jasmycoinJasmyCoin (JASMY) $ 0.019243
  • tezosTezos (XTZ) $ 0.940595
  • roninRonin (RON) $ 2.84
  • aioz-networkAIOZ Network (AIOZ) $ 0.839222
  • mina-protocolMina Protocol (MINA) $ 0.828698
  • havvenSynthetix Network (SNX) $ 2.77
  • cheeleeCheelee (CHEEL) $ 15.60
  • heliumHelium (HNT) $ 5.33
  • conflux-tokenConflux (CFX) $ 0.217655
  • ordinalsORDI (ORDI) $ 39.49
  • gnosisGnosis (GNO) $ 317.39
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,116.09
  • decentralandDecentraland (MANA) $ 0.439052
  • axelarAxelar (AXL) $ 1.25
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,090.55
  • nervos-networkNervos Network (CKB) $ 0.018205
  • apecoinApeCoin (APE) $ 1.27
  • pyth-networkPyth Network (PYTH) $ 0.530098
  • book-of-memeBOOK OF MEME (BOME) $ 0.011476
  • dexeDeXe (DEXE) $ 13.36
  • echelon-primeEchelon Prime (PRIME) $ 19.31
  • safeSafe (SAFE) $ 1.74
  • iotaIOTA (IOTA) $ 0.227354
  • kavaKava (KAVA) $ 0.677890
  • usddUSDD (USDD) $ 0.995838
  • nexoNEXO (NEXO) $ 1.29
  • lido-staked-solLido Staked SOL (STSOL) $ 184.77
  • theta-fuelTheta Fuel (TFUEL) $ 0.109132
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.69
  • ocean-protocolOcean Protocol (OCEAN) $ 1.04
  • klay-tokenKlaytn (KLAY) $ 0.180852
  • oasis-networkOasis Network (ROSE) $ 0.096882
  • fraxFrax (FRAX) $ 0.997578
  • swethSwell Ethereum (SWETH) $ 3,256.18
  • bitcoin-goldBitcoin Gold (BTG) $ 36.58
  • frax-etherFrax Ether (FRXETH) $ 3,084.02
  • blurBlur (BLUR) $ 0.391005
  • mantra-daoMANTRA (OM) $ 0.754987
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000107
  • illuviumIlluvium (ILV) $ 95.74
  • fasttokenFasttoken (FTN) $ 1.95
  • wemix-tokenWEMIX (WEMIX) $ 1.69
  • arkhamArkham (ARKM) $ 2.72
  • golemGolem (GLM) $ 0.597765
  • osmosisOsmosis (OSMO) $ 0.899892
  • dydxdYdX (ETHDYDX) $ 2.18
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000028
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,310.54
  • tether-goldTether Gold (XAUT) $ 2,320.28
  • woo-networkWOO (WOO) $ 0.301358
  • astarAstar (ASTR) $ 0.097279
  • popcatPopcat (POPCAT) $ 0.559486
  • xdce-crowd-saleXDC Network (XDC) $ 0.038447
  • dymensionDymension (DYM) $ 3.16
  • livepeerLivepeer (LPT) $ 16.38
  • curve-dao-tokenCurve DAO (CRV) $ 0.435614
  • venomVenom (VENOM) $ 0.314344
  • iotexIoTeX (IOTX) $ 0.053987
  • true-usdTrueUSD (TUSD) $ 0.999991
  • altlayerAltLayer (ALT) $ 0.368438
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,350.68
  • ankrAnkr Network (ANKR) $ 0.048510
  • mx-tokenMX (MX) $ 4.93
  • corgiaiCorgiAI (CORGIAI) $ 0.001409
  • aerodrome-financeAerodrome Finance (AERO) $ 1.10
  • pendlePendle (PENDLE) $ 4.95
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.14
  • raydiumRaydium (RAY) $ 1.79
  • apenftAPENFT (NFT) $ 0.00000047
  • jito-governance-tokenJito (JTO) $ 3.83
  • radixRadix (XRD) $ 0.044261
  • ethereum-name-serviceEthereum Name Service (ENS) $ 14.77
  • ether-fiEther.fi (ETHFI) $ 3.99
  • zilliqaZilliqa (ZIL) $ 0.024369
  • 1inch1inch (1INCH) $ 0.383300
  • memecoin-2Memecoin (MEME) $ 0.025471
  • enjincoinEnjin Coin (ENJ) $ 0.303762
  • superfarmSuperVerse (SUPER) $ 0.974715
  • project-galaxyGalxe (GAL) $ 3.78
  • manta-networkManta Network (MANTA) $ 1.73
  • stepnGMT (GMT) $ 0.222370
  • celoCelo (CELO) $ 0.802409
  • holotokenHolo (HOT) $ 0.002418
  • amp-tokenAmp (AMP) $ 0.007634
  • pax-goldPAX Gold (PAXG) $ 2,296.32
  • rocket-poolRocket Pool (RPL) $ 20.92
  • polymeshPolymesh (POLYX) $ 0.403997
  • ravencoinRavencoin (RVN) $ 0.030557
  • 0x0x Protocol (ZRX) $ 0.497967
  • terra-luna-2Terra (LUNA) $ 0.608733
  • siacoinSiacoin (SC) $ 0.007183
  • aelfaelf (ELF) $ 0.557495
  • ethereum-pow-iouEthereumPoW (ETHW) $ 3.72
  • skaleSKALE (SKL) $ 0.077292
  • zetachainZetaChain (ZETA) $ 1.67
  • qtumQtum (QTUM) $ 3.72
  • compound-governance-tokenCompound (COMP) $ 56.99
  • stader-ethxStader ETHx (ETHX) $ 3,178.85
  • compound-wrapped-btccWBTC (CWBTC) $ 1,287.06
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.004189
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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