BTC market dominance now at 56%

Bitcoin's market dominance has surged to 56%, a level last seen in April 2021, indicating a significant shift towards investor preference for Bitcoin over others. In contrast, Ethereum is facing challenges, with its ratio to Bitcoin decreasing to 0.052, reflecting a 2% drop year to date, primarily due to competitive pressures from other blockchains, delays in critical network upgrades, and increased regulatory scrutiny.

https://www.coinfeeds.io/daily/bitcoin-dominance-surges-to-56-outshines-ethereum