Bitcoin’s market share neared 60%, hitting its highest level since April 2021, while altcoins were muted in the last 24 hours.
Bitcoin’s market share reached its highest level since April 2021 as the cryptocurrency’s price continued to climb amid a muted altcoin market.
Bitcoin’s dominance hit a three-and-a-half-year high of 58.77% during late trading on Oct. 15, the same time it hit a 10-week high of $67,800, according to TradingView.
Bitcoin (BTC) retraced sharply to $64,880 before climbing back to trade just above $67,000 with a market capitalization of $1.32 trillion.
