Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

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)

Pepe Coin holds support amid Bitcoin's drop below $75K, showing resilience in a bearish crypto market.

Pepe Coin holds support amid Bitcoin's drop below $75K, showing resilience in a bearish crypto market.

Pepe Coin (PEPE) maintained its support level near $0.00000359 despite Bitcoin falling below $75,000, outperforming many meme coins during a broader market decline. The crypto market faced pressure from weak investor sentiment, ETF outflows, and geop...

Market News
Neutral
6 hours ago
NEAR surges on AI hype while Bitcoin, Dogecoin, and Stellar show mixed, cautious trends

NEAR surges on AI hype while Bitcoin, Dogecoin, and Stellar show mixed, cautious trends

NEAR's price surged strongly due to its focus on AI infrastructure, breaking key resistance and moving above major averages, signaling bullish momentum. In contrast, Bitcoin faces resistance near $81-82k with weak momentum and may retest support arou...

Market News
Neutral
6 hours ago
Bitcoin faces strong bearish pressure, whale buys $66M BTC but price may drop below $74k again

Bitcoin faces strong bearish pressure, whale buys $66M BTC but price may drop below $74k again

Bitcoin has been trading in a downward channel, recently hitting a low of $74k and currently trading around $75,882. Despite strong bearish pressure pushing BTC below key moving averages, a whale purchased 873.29 BTC worth $66.24 million, signaling c...

Market News
Neutral
8 hours ago
Bitcoin hits $78K but quickly drops $3K amid US-Iran tensions

Bitcoin hits $78K but quickly drops $3K amid US-Iran tensions

Bitcoin briefly surged to $78,000 after recovering from below $74,500, but the rally faltered as the price fell about $3,000 to $75,200. This sharp reversal coincides with reports of renewed US-Iran military strikes, which may be causing market uncer...

Market News
Bearish
8 hours ago
Pepe Coin holds steady despite Bitcoin dropping below $75K, boosted by whale buying activity.

Pepe Coin holds steady despite Bitcoin dropping below $75K, boosted by whale buying activity.

Pepe Coin maintained its price around $0.00000359 even as Bitcoin fell below $75,000, showing resilience amid a broader crypto market decline driven by ETF outflows and geopolitical tensions. Whale investors boosted confidence by opening large levera...

Market News
Neutral
9 hours ago
banner-footerbanner-footer

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