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Bitcoin gains market share as altcoins diverge amid mixed crypto market and rising derivatives activity.

Market News
29 Jul 2026
Tokenpost
View Source
Neutral
Bitcoin gains market share as altcoins diverge amid mixed crypto market and rising derivatives activity.

Bitcoin and Ethereum posted modest gains while major altcoins showed mixed performance, signaling selective risk appetite in the crypto market. Bitcoin's market dominance rose to 58.80%, indicating capital concentration in the most liquid asset, while altcoins like XRP gained and others like BNB and Solana declined. Despite softer activity in DeFi and stablecoin volumes, derivatives trading volume increased, suggesting traders are positioning for potential volatility ahead. This trend points to a preference for large-cap assets amid uneven altcoin demand and possible upcoming market moves driven by leverage.

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SEC approves Nasdaq rule citing XRP with Bitcoin and Ether, enabling more flexible crypto ETFs.

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