{"id":137583,"date":"2024-09-20T15:30:11","date_gmt":"2024-09-20T12:30:11","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137583"},"modified":"2024-09-20T11:43:43","modified_gmt":"2024-09-20T08:43:43","slug":"bitcoin-btc-soars-to-54-9-crypto-market-dominance","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-btc-soars-to-54-9-crypto-market-dominance\/","title":{"rendered":"Bitcoin (BTC) Soars to 54.9% Crypto Market Dominance"},"content":{"rendered":"

This increase underscores Bitcoin\u2019s<\/a><\/strong> growing influence, particularly in comparison to the top 50 altcoins, as it continues to outperform other digital assets amid market uncertainty.<\/p>\n

Following a surprise interest rate hike in Japan on August 5, which led to a sharp market sell-off, Bitcoin remained resilient, with positive buying pressure on U.S. exchanges, while altcoins experienced heavy selling. Kaiko\u2019s analysts pointed out that Bitcoin\u2019s ability to maintain strong demand during the turbulence further solidifies its reputation as a safe-haven asset.<\/p>\n

Between August 4 and 6, Bitcoin showed a positive cumulative volume delta (CVD), a key indicator of market pressure, while the top five altcoins faced widespread selling.<\/p>\n