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Gate Square | 2/5 Today's Hot Topic: #BuyTheDipOrWaitNow?
🎁 [Community Perk] Post with the topic or #BTC, 10 lucky users * $100 position Voucher.
Market volatility continues as BTC breaks below the $74,000 key support level, with altcoins pulling back in sync. Are you buying the dip in batches or waiting for a better entry point?
💬 Today’s Discussion:
1️⃣ Bottom Signals: Where do you see BTC’s bottom — $70,000 or lower?
2️⃣ Market Drivers: Which recent macroeconomic news or rumors are influencing the market?
3️⃣ Dark Horses: Are there any resilient or outperforming tokens worth watching?
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The altcoin index has dropped to 25, signaling increasing Bitcoin dominance in the market. Over the past 90 days, the ratio between coins in the TOP-100 by market capitalization and Bitcoin shows a clear advantage for the oldest cryptocurrency.
The analytical platform CoinMarketCap, which tracks this key index, recorded a decrease of 4 points. This dynamic reflects a weakening of altcoin prices relative to the market leader. Currently, BTC holds 56.22% of the global market capitalization, confirming its dominant position.
A rating of 25 means that only a quarter of the coins in the TOP-100 can boast an advantage over Bitcoin during this period. This index state indicates a cyclical weakening of the altcoin season and a strengthening of the first cryptocurrency's position in the market.