Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
Solana 
USDC 
Lido Staked Ether 
Cardano 
Avalanche 
Dogecoin 
TRON 
Polkadot 
Chainlink 
Polygon 
Wrapped Bitcoin 
Shiba Inu 
Dai 
Litecoin 
Uniswap 
Bitcoin Cash 
LEO Token 
OKB 
Stellar 
Monero 
Ethereum Classic 
Cosmos Hub 
TrueUSD 
Cronos 
Kaspa 
Immutable 
Hedera 
Internet Computer 
NEAR Protocol 
Filecoin 
Aptos 
Optimism 
Lido DAO 
Injective 
VeChain 
Bittensor 
Mantle 
THORChain 
MultiversX 
Quant 
Algorand 
Celestia 
The Graph 
BUSD 
Synthetix Network 
Render 
Arbitrum 
Aave 
Rocket Pool ETH 
Stacks 
BitTorrent 
Maker 
WEMIX 
Flow 
First Digital USD 
KuCoin 
The Sandbox 
Theta Network 
Terra Luna Classic 
Fantom 
ORDI 
Bitcoin SV 
Axie Infinity 
Decentraland 
GALA 
EOS 
Beam 
NEO 
IOTA 
Mina Protocol 
WhiteBIT Coin 
Klaytn 
Tezos 
Kava 
USDD 
Bonk 
Bitget Token 
Cheelee 
eCash 
XDC Network 
Frax Ether 
Helium 
Frax 
Frax Share 
Tokenize Xchange 
Sui 
Chiliz 
PancakeSwap 
Gate 
Conflux 
Pyth Network 
Curve DAO 
Illuvium 
ApeCoin 
Pepe 
Gnosis 
Terra 
Toncoin 
Rocket Pool 
Blur 
Osmosis 
Fetch.ai 
Sei 
aelf 
Rollbit Coin 
cETH 
dYdX 
Arweave 
Staked Frax Ether 
Tether Gold 
Trust Wallet 
Marinade staked SOL 
Casper Network 
Kujira 
Flare 
OKT Chain 
Gas 
Coinbase Wrapped Staked ETH 
NEXO 
Radix 
GMX 
PAX Gold 
Zcash 
cWBTC 
Huobi 
Huobi BTC 
APENFT 
WOO Network 
Pax Dollar 
Ronin 
1inch 
Astar 
Oasis Network 
Holo 
Zilliqa 
Siacoin 
Dash 
TerraClassicUSD 
STEPN 
Axelar 
SingularityNET 
FLOKI 
Akash Network 
Jito 
Compound 
Basic Attention 
NEM 
Qtum 
0x Protocol 
Aleph Zero 
Enjin Coin 
Convex Finance 
Lido Staked SOL 
Bitcoin Gold 
Memecoin 
Loopring 
MX 
SafePal 
Ribbon Finance 
DeXe 
Worldcoin 
Chia 
Beldex 
Celo 
JUST 
IoTeX 
EthereumPoW 
Theta Fuel 
BENQI Liquid Staked AVAX 
Mask Network 
Ocean Protocol 
yearn.finance 
Fasttoken 
JasmyCoin 
Autonolas 
Ethereum Name Service 
Kusama 
SuperVerse 
Ravencoin 
Tellor Tributes 
Ankr Network 
Moonbeam 
Nexus Mutual 
Biconomy 
ICON 
DAO Maker 
Audius 
Orca 
Golem 
Echelon Prime 
Decred 
Amp 
Sushi 
Escoin 
JOE 
Bitcoin Dominance Surges, Accounting For Nearly Half of The $1T Crypto Market, Amid Altcoin Selloff
Bitcoin’s (BTC) dominance rate or share in the total crypto market capitalization rose early Saturday, nearing the 50% mark for the first time since April 2021, according to data tracked by charting platform TradingView.
The uptick came as alternative cryptocurrencies (altcoins) like SOL, MATIC, DOGE, and ADA suffered double-digit losses amid rumors of a $2 billion portfolio dump by a proprietary trading firm.
Meanwhile, bitcoin lost just 3%. The relative outperformance perhaps stemmed from increased haven demand – investors moving money out of altcoins and into bitcoin, the world’s largest and most liquid cryptocurrency.
«Bitcoin’s relative dominance mooning amid altcoin market sell-off. Flight to majors (1st stage before crashes occur),» pseudonymous crypto trader and analyst @52kskew tweeted.
BTC’s dominance rate has been steadily rising since November and surged during the March U.S. banking crisis. The indicator now looks to be breaking out of its three-year oscillation pattern, a sign of continued bitcoin outperformance in months ahead, according to Decentral Park Capital’s Lewis Harland.
Tether, the world’s largest dollar-pegged stablecoin, also likely benefitted from Saturday’s risk aversion. Its dominance rate jumped 5% to 7.82%, the highest since Jan. 8, TradingView data showed.
