Volatility calls grow as BTC dominance dips and Bitcoin, altcoin correlation weakens

  • Bitcoin's (BTC) dominance has fallen to its lowest level in over a year, recording its steepest weekly drop in three years. The metric that tracks the percentage of the total crypto market cap held by BTC has fallen by 5.8% in just one week, now resting at 59.25%, the biggest drop since June 2022.