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Bitcoin dominance rises above 58% as institutional investors favor BTC over altcoins in 2026

Market News
01 Aug 2026
Crypto Briefing
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Bullish
pluang ai news

Bitcoin's market dominance has climbed to about 58.5% in 2026, reflecting strong institutional interest through ETFs and large portfolio allocations. This means Bitcoin's value is roughly 1.4 times that of all other cryptocurrencies combined, signaling a flight to safety among investors. Analysts suggest dominance could rise further if institutional inflows continue, making it a less favorable time to invest in smaller altcoins until dominance stabilizes or declines.

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New AI tech cuts energy use up to 50% and boosts server capacity on existing NVIDIA hardware.

New AI tech cuts energy use up to 50% and boosts server capacity on existing NVIDIA hardware.

Trust Carbon Infrastructure unveiled its HXS compute-efficiency layer, which reduces energy consumption by up to 50.5% and increases server throughput by 167% on NVIDIA H100 GPUs without changing AI model outputs. Tested on models from Alibaba, Meta,...

Market News
Bullish
1 hour ago
SUI token unlocks $9.9M supply as bulls eye a surge to $20 amid market dips.

SUI token unlocks $9.9M supply as bulls eye a surge to $20 amid market dips.

On August 1, SUI tokens worth approximately $9.9 million were unlocked, adding 13.72 million tokens to circulation. Despite a recent 5% price drop amid broader crypto market weakness, a prominent trader sees the current $0.50-$0.70 range as a strong ...

Market News
Neutral
4 hours ago
Tech-led rebound lifts S&P 500 1% for the week despite midweek Fed selloff

Tech-led rebound lifts S&P 500 1% for the week despite midweek Fed selloff

The S&P 500 gained 1% over the week, driven mainly by a rebound in tech stocks, especially the Magnificent Seven. This recovery came despite a midweek selloff triggered by Federal Reserve actions. Consumer discretionary stocks also surged, hinting at...

Market News
Bullish
4 hours ago
Nextech3D.AI to fully acquire ARway, boosting revenue and simplifying operations.

Nextech3D.AI to fully acquire ARway, boosting revenue and simplifying operations.

Nextech3D.AI is moving to acquire the remaining ownership of ARway, a company it already partially owns, to unify operations under one platform and streamline its business. The acquisition adds about $1.5 million in annual revenue and profit, enhanci...

Company Fundamentals
Bullish
4 hours ago
Uber expands global partnerships and investments in over 30 autonomous vehicle firms since 2023

Uber expands global partnerships and investments in over 30 autonomous vehicle firms since 2023

Uber has significantly increased its involvement in autonomous vehicle (AV) technology by partnering with and investing in over 30 AV companies worldwide since 2023. After selling its own AV division in 2020, Uber shifted focus back to AVs through st...

Market News
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4 hours ago
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