Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin dominance surpasses 61% as altcoin trading volume remains strong at 49% on Binance.

Market News
06 May 2026
The Currency Analytics
View Source
Bullish
pluang ai news

Bitcoin's market dominance has risen above 61%, its highest level in months, signaling increased investor confidence amid market uncertainty. Despite Bitcoin's growing share of total crypto market value, altcoins continue to see robust trading activity, capturing 49% of total volume on Binance in March. This indicates a dual market strategy where investors seek Bitcoin's relative safety while actively trading altcoins for potential gains. The coexistence of rising Bitcoin dominance and strong altcoin volume suggests a dynamic market with diverse investor behaviors and no clear winner yet between Bitcoin and alternative cryptocurrencies.

More News (BTC)

Key events this week could shift Bitcoin and XRP prices amid regulatory and economic updates.

Key events this week could shift Bitcoin and XRP prices amid regulatory and economic updates.

This week is crucial for Bitcoin and XRP as four major events could influence their prices. President Trump will meet crypto leaders and US regulators, including SEC and CFTC heads, to discuss crypto regulation, particularly the stalled Digital Asset...

Market News
Neutral
5 hours ago
Investor Ross Gerber says gold is still easier to use than Bitcoin for everyday transactions.

Investor Ross Gerber says gold is still easier to use than Bitcoin for everyday transactions.

Investment advisor Ross Gerber criticized Bitcoin's practical use, arguing that gold remains easier to use in daily transactions despite Bitcoin's promises as a global payment system. He also highlighted a shift in Bitcoin mining, with miners focusin...

Market News
Bearish
6 hours ago
Bitcoin dips below $64K as altcoins fall; LINK and WLFI gain amid market downturn

Bitcoin dips below $64K as altcoins fall; LINK and WLFI gain amid market downturn

Bitcoin dropped from over $65,000 to just above $63,200 last week, influenced by Strategy's sale of 1,690 BTC. This decline led to a broader market pullback, with major altcoins like ADA and XRP also falling significantly. However, some tokens like C...

Market News
Bearish
7 hours ago
Global bond yields hit highest since 2008, pressuring Bitcoin which falls 46% while gold rises 32%.

Global bond yields hit highest since 2008, pressuring Bitcoin which falls 46% while gold rises 32%.

Global long-term government bond yields have surged to levels not seen since July 2008, reaching around 4.2%. Bitcoin, which was created after that period, has never faced such high borrowing costs and has fallen 46% over the past year, while gold ha...

Market News
Bearish
7 hours ago
Tether passes audit, Ethereum whales move millions, Bitcoin may dip to $50K, Wintermute invests $1B in AI, gold tops $4,400.

Tether passes audit, Ethereum whales move millions, Bitcoin may dip to $50K, Wintermute invests $1B in AI, gold tops $4,400.

Tether completed a clean audit of its 2025 financials by KPMG, easing concerns about its reserves. An Ethereum wallet moved 2,680 ETH after 11 years, highlighting old investors' activity. Bitcoin could drop to $50,000 before rising to $1 million, acc...

Market News
Neutral
8 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App