• bitcoinBitcoin (BTC) $ 97,083.00
  • ethereumEthereum (ETH) $ 3,378.04
  • tetherTether (USDT) $ 0.999585
  • xrpXRP (XRP) $ 2.23
  • bnbBNB (BNB) $ 663.63
  • solanaSolana (SOL) $ 184.80
  • dogecoinDogecoin (DOGE) $ 0.325165
  • usd-coinUSDC (USDC) $ 0.999504
  • staked-etherLido Staked Ether (STETH) $ 3,370.12
  • cardanoCardano (ADA) $ 0.915428
  • tronTRON (TRX) $ 0.244790
  • avalanche-2Avalanche (AVAX) $ 38.40
  • chainlinkChainlink (LINK) $ 22.74
  • wrapped-stethWrapped stETH (WSTETH) $ 4,019.83
  • the-open-networkToncoin (TON) $ 5.31
  • suiSui (SUI) $ 4.61
  • shiba-inuShiba Inu (SHIB) $ 0.000022
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 96,846.00
  • stellarStellar (XLM) $ 0.358435
  • polkadotPolkadot (DOT) $ 7.04
  • hyperliquidHyperliquid (HYPE) $ 31.87
  • hedera-hashgraphHedera (HBAR) $ 0.254843
  • wethWETH (WETH) $ 3,380.55
  • bitcoin-cashBitcoin Cash (BCH) $ 451.80
  • leo-tokenLEO Token (LEO) $ 9.25
  • uniswapUniswap (UNI) $ 13.30
  • litecoinLitecoin (LTC) $ 100.20
  • pepePepe (PEPE) $ 0.000018
  • wrapped-eethWrapped eETH (WEETH) $ 3,579.95
  • nearNEAR Protocol (NEAR) $ 5.12
  • bitget-tokenBitget Token (BGB) $ 4.17
  • ethena-usdeEthena USDe (USDE) $ 0.999018
  • aptosAptos (APT) $ 9.79
  • usdsUSDS (USDS) $ 0.998928
  • internet-computerInternet Computer (ICP) $ 10.41
  • aaveAave (AAVE) $ 306.11
  • crypto-com-chainCronos (CRO) $ 0.161267
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.480752
  • mantleMantle (MNT) $ 1.18
  • ethereum-classicEthereum Classic (ETC) $ 26.34
  • render-tokenRender (RENDER) $ 7.26
  • vechainVeChain (VET) $ 0.046294
  • mantra-daoMANTRA (OM) $ 3.80
  • moneroMonero (XMR) $ 192.04
  • whitebitWhiteBIT Coin (WBT) $ 24.35
  • bittensorBittensor (TAO) $ 462.16
  • daiDai (DAI) $ 0.999751
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.29
  • arbitrumArbitrum (ARB) $ 0.760492
  • ethenaEthena (ENA) $ 1.07
  • filecoinFilecoin (FIL) $ 5.01
  • kaspaKaspa (KAS) $ 0.121385
  • fantomFantom (FTM) $ 1.01
  • algorandAlgorand (ALGO) $ 0.334874
  • okbOKB (OKB) $ 44.95
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 2.62
  • cosmosCosmos Hub (ATOM) $ 6.65
  • blockstackStacks (STX) $ 1.70
  • ondo-financeOndo (ONDO) $ 1.71
  • optimismOptimism (OP) $ 1.80
  • bonkBonk (BONK) $ 0.000031
  • immutable-xImmutable (IMX) $ 1.38
  • celestiaCelestia (TIA) $ 5.03
  • movementMovement (MOVE) $ 0.988269
  • theta-tokenTheta Network (THETA) $ 2.17
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,390.15
  • injective-protocolInjective (INJ) $ 20.94
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 97,296.00
  • the-graphThe Graph (GRT) $ 0.210894
  • dogwifcoindogwifhat (WIF) $ 2.00
  • sei-networkSei (SEI) $ 0.431020
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.029099
  • worldcoin-wldWorldcoin (WLD) $ 2.23
  • thorchainTHORChain (RUNE) $ 5.13
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,486.24
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.996294
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,781.06
  • flokiFLOKI (FLOKI) $ 0.000171
  • gatechain-tokenGate (GT) $ 12.86
  • jasmycoinJasmyCoin (JASMY) $ 0.033545
  • tokenize-xchangeTokenize Xchange (TKX) $ 20.00
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,548.70
  • lido-daoLido DAO (LDO) $ 1.72
  • galaGALA (GALA) $ 0.036181
  • flare-networksFlare (FLR) $ 0.027309
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 97,076.00
  • makerMaker (MKR) $ 1,634.59
  • beam-2Beam (BEAM) $ 0.027390
  • fasttokenFasttoken (FTN) $ 3.32
  • usual-usdUsual USD (USD0) $ 0.998795
  • the-sandboxThe Sandbox (SAND) $ 0.568404
  • nexoNEXO (NEXO) $ 1.35
  • pyth-networkPyth Network (PYTH) $ 0.371397
  • kucoin-sharesKuCoin (KCS) $ 11.22
  • kaiaKaia (KAIA) $ 0.223203
  • tezosTezos (XTZ) $ 1.28
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 97,065.00
  • based-brettBrett (BRETT) $ 0.129563
  • raydiumRaydium (RAY) $ 4.39
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,475.49
  • eosEOS (EOS) $ 0.809848
  • heliumHelium (HNT) $ 6.92
  • binance-staked-solBinance Staked SOL (BNSOL) $ 189.01
  • ethereum-name-serviceEthereum Name Service (ENS) $ 35.04
  • aerodrome-financeAerodrome Finance (AERO) $ 1.61
  • jupiter-exchange-solanaJupiter (JUP) $ 0.839639
  • xdce-crowd-saleXDC Network (XDC) $ 0.075788
  • flowFlow (FLOW) $ 0.713470
  • starknetStarknet (STRK) $ 0.483622
  • arweaveArweave (AR) $ 16.39
  • bitcoin-svBitcoin SV (BSV) $ 53.62
  • iotaIOTA (IOTA) $ 0.296513
  • dydx-chaindYdX (DYDX) $ 1.48
  • aioz-networkAIOZ Network (AIOZ) $ 0.920138
  • bittorrentBitTorrent (BTT) $ 0.000001
  • msolMarinade Staked SOL (MSOL) $ 230.89
  • coredaoorgCore (CORE) $ 1.09
  • curve-dao-tokenCurve DAO (CRV) $ 0.807557
  • neoNEO (NEO) $ 14.15
  • axie-infinityAxie Infinity (AXS) $ 6.25
  • elrond-erd-2MultiversX (EGLD) $ 34.74
  • matic-networkPolygon (MATIC) $ 0.480916
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 96,200.00
  • decentralandDecentraland (MANA) $ 0.479221
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 96,465.00
  • fartcoinFartcoin (FARTCOIN) $ 0.861577
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,395.84
  • pendlePendle (PENDLE) $ 5.13
  • zcashZcash (ZEC) $ 52.63
  • apecoinApeCoin (APE) $ 1.16
  • jito-governance-tokenJito (JTO) $ 2.95
  • mog-coinMog Coin (MOG) $ 0.000002
  • eigenlayerEigenlayer (EIGEN) $ 3.77
  • akash-networkAkash Network (AKT) $ 3.20
  • chilizChiliz (CHZ) $ 0.085772
  • ai16zai16z (AI16Z) $ 0.703003
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,383.06
  • conflux-tokenConflux (CFX) $ 0.159470
  • wormholeWormhole (W) $ 0.271424
  • usddUSDD (USDD) $ 0.997866
  • spx6900SPX6900 (SPX) $ 0.786988
  • popcatPopcat (POPCAT) $ 0.745233
  • mina-protocolMina Protocol (MINA) $ 0.609330
  • compound-governance-tokenCompound (COMP) $ 81.72
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 198.67
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,369.21
  • roninRonin (RON) $ 1.91
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.39
  • superfarmSuperVerse (SUPER) $ 1.55
  • havvenSynthetix Network (SNX) $ 2.03
  • ecasheCash (XEC) $ 0.000035
  • gnosisGnosis (GNO) $ 265.34
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.326940
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.006714
  • chiaChia (XCH) $ 21.03
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 96,085.00
  • dydxdYdX (ETHDYDX) $ 1.48
  • amp-tokenAmp (AMP) $ 0.007841
  • axelarAxelar (AXL) $ 0.748112
  • zksyncZKsync (ZK) $ 0.177790
  • notcoinNotcoin (NOT) $ 0.006392
  • tether-goldTether Gold (XAUT) $ 2,627.68
  • fraxFrax (FRAX) $ 0.993697
  • chex-tokenCHEX Token (CHEX) $ 0.633680
  • layerzeroLayerZero (ZRO) $ 5.65
  • peanut-the-squirrelPeanut the Squirrel (PNUT) $ 0.628278
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,551.99
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000112
  • reserve-rights-tokenReserve Rights (RSR) $ 0.011220
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,659.23
  • grassGrass (GRASS) $ 2.46
  • baby-doge-coinBaby Doge Coin (BABYDOGE) $ 0.00000000
  • turboTurbo (TURBO) $ 0.008380
  • usualUsual (USUAL) $ 1.23
  • vanaVana (VANA) $ 18.24
  • safeSafe (SAFE) $ 1.09
  • super-oethSuper OETH (SUPEROETHB) $ 3,383.37
  • oasis-networkOasis (ROSE) $ 0.082815
  • echelon-primeEchelon Prime (PRIME) $ 10.79
  • ordinalsORDI (ORDI) $ 26.36
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.006215
  • blurBlur (BLUR) $ 0.262077
  • 1inch1inch (1INCH) $ 0.387524
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.30
  • beldexBeldex (BDX) $ 0.077801
  • susdssUSDS (SUSDS) $ 1.02
  • paypal-usdPayPal USD (PYUSD) $ 0.998705
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 97,432.00
  • pax-goldPAX Gold (PAXG) $ 2,621.61
  • creditcoin-2Creditcoin (CTC) $ 1.25
  • pumpbtcpumpBTC (PUMPBTC) $ 96,330.00
  • apenftAPENFT (NFT) $ 0.00000052
  • dexeDeXe (DEXE) $ 8.87
  • livepeerLivepeer (LPT) $ 13.77
  • frax-etherFrax Ether (FRXETH) $ 3,334.75
  • arkhamArkham (ARKM) $ 1.48
  • kusamaKusama (KSM) $ 31.02
  • true-usdTrueUSD (TUSD) $ 0.998282
  • goatseus-maximusGoatseus Maximus (GOAT) $ 0.494739
  • gigachad-2Gigachad (GIGA) $ 0.051806
Bitcoin

Bitcoin and Tether Dominance Surges as Investors Flock to Safe Havens

By admin
0 259

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:


Source

admin 8601 posts 0 comments
You might also like More from author

Leave A Reply

Your email address will not be published.