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Bitcoin.com News|Feb 17, 2025 19:39
🔥 Bitcoin Flexes Its Dominance
BTC has surged to 60% market share, a level last seen in 2020, as Ethereum and altcoins struggle to keep up. According to @QCPgroup Insights, weak sentiment and uncertainty are pushing investors toward bitcoin as the preferred digital asset.
A major factor? The LIBRA rug pull scandal, which implicated Argentinian President Javier Milei, further shaking confidence in speculative tokens and delaying an altcoin resurgence.
Is this just the beginning of BTC’s reign, or will altcoins fight back?
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