🎉 Registration for the $5 Million WCTC S7 Trading Competition is Live!
🎁 Register Now & Claim #Red Packets# for Three Consecutive Days
➡️ Register Here: https://www.gate.io/competition/wctc/s7
🧧 Red Envelope Codes will be Announced on Gate_Post According to the Following Schedule.
🔔 Red Packet Times:
— April 17, 09:00 AM (UTC)
— April 18, 09:00 AM (UTC)
— April 19, 09:00 AM (UTC)
👉 More WCTC S7 Details: https://www.gate.io/announcements/article/44440
🚀 #BitcoinDominanceRemainsHigh – Is the Crypto Market Entering a New Phase? 💰
Bitcoin's dominance continues to rise! Today, BTC Dominance (BTC.D) stands at 61.52%, reaching its highest level in nearly four years and staying above 60% for over a month. This indicates that a significant portion of investments is shifting towards Bitcoin, while altcoins remain under pressure.
This situation suggests two possible scenarios:
🔹 Risk-Off Sentiment: Investors are moving towards more stable assets amid uncertainty, leaving altcoins struggling.
🔹 A New Cycle Beginning? Bitcoin’s strong position could signal the start of a new bull run, where altcoins may eventually gain momentum.
Key Question:
Can altcoins break free from this pressure and create new opportunities, or will Bitcoin’s dominance continue for the foreseeable future? 🤔
💬 Share your thoughts in the comments! 🚀🔥
#CryptoMarket # Bitcoin #Altcoins # BTC #CryptoNews