Bitcoin dominance continues its surge higher Quick Take
- The crypto market sold off over the weekend, but a few coins defied the sell-off, one being Bitcoin.
- Bitcoin held above $25,000, but the rest of the crypto market was severely impacted.
- Altcoins continued to lose value against Bitcoin in the past five days;
- Denominated against Bitcoin, Ethereum is 3% down, Doge is 8% down, Polkadot is 9% down, BNB is 10% down, Cardano is 11% down, and SOL is 16% down.
- As a result, the realized cap and market cap of Bitcoin continued to increase.
- Bitcoin realized cap is floating around 60%, approaching highs not seen since January 2021 and December 2017.
- Bitcoin’s dominance in the market cap is roughly 47%, nearing its year-to-date high.
Analyst 
James Van Straten
James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.
In this insight
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Ethereum
$2,890.68
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
Dogecoin
$0.12270
Dogecoin is a cryptocurrency created in December 2013 as a joke by software engineers Billy Markus and Jackson Palmer.
Polkadot
$6.54916
Polkadot development is on track to deliver the most robust platform for security, scalability, and innovation.