No Result
View All Result
Friday, July 4, 2025
  • Login
  • News
    • Bitcoin News
    • Altcoin News
    • Crypto News
    • NFT News
  • Cryptocurrency
    • Price Predictions
    • Crypto Education
    • Features
  • Advertise
    • Submit Your PR
    • Press Release
  • About
    • About Us
    • Editorial Policy
    • Privacy Policy
    • Careers
    • Contact Us
  • News
    • Bitcoin News
    • Altcoin News
    • Crypto News
    • NFT News
  • Cryptocurrency
    • Price Predictions
    • Crypto Education
    • Features
  • Advertise
    • Submit Your PR
    • Press Release
  • About
    • About Us
    • Editorial Policy
    • Privacy Policy
    • Careers
    • Contact Us
No Result
View All Result
No Result
View All Result

Bitcoin Dominance Hits 64.35% as Price Climbs Above 87K

Yasmin Werner by Yasmin Werner
2 months ago
in Bitcoin News
0
Bitcoin Dominance Hits 64.35% as Price Climbs Above 87K
153
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter
  • Bitcoin’s dominance hits 64.35% in April 2025, showing investor preference for BTC amid market volatility.
  • BTC surges past $87K as trading volume spikes 180%, driven by institutional buying and rising bullish momentum.
  • Technicals and sentiment suggest Bitcoin eyes $90K, solidifying its role as the market’s leading digital asset.

Bitcoin’s market dominance reached 64.35% in 2025, which represented its highest level since the start of 2021. Bitcoin’s market dominance measures its position against the sum of cryptocurrency market capitalization, showing that capital is increasingly focused on Bitcoin. From mid-2022 forward, the market dominance experienced significant spikes during early 2024, followed by another peak in April 2025.

💥BREAKING:

BITCOIN DOMINANCE HITS NEW CYCLE HIGH! 🚨 pic.twitter.com/ibuFootzlO

— Crypto Rover (@rovercrc) April 21, 2025

Investors now prefer Bitcoin over alternative coins which explains the increasing dominance of this cryptocurrency. In times of alternate crypto asset market volatility or macroeconomic uncertainty, market participants tend to show less risk-taking behavior which leads to dominance increases. Bitcoin functions as a major store of value that operates throughout the complete digital asset economic framework. This ongoing pattern indicates Bitcoin dominance is moving toward becoming the center of a current market cycle that could enter a consolidation period.

Bitcoin Surges to Over $87,000 Amid Increased Market Activity

For the past 24 hours, Bitcoin (BTC) has gained significantly in value, reaching a peak price approaching $88,000, after which it experienced a minor regression to close at $87,296.79. The daily market closed at $87,296.79 with a 2.64% growth. Trading volume increased 180.36% to $41.03 billion as the price rose daily to $87,296.79. The sharp surge demonstrates investors returning to the market and escalating activity levels.

Source: Coinmarketcap

Price and trading volume increased after Strategy purchased 6,556 Bitcoin worth $555.8 million at average prices of $84,785 per bitcoin. Strategy obtained 6,556 BTC for $555.8 million at $84,785 per bitcoin, which increased its total Bitcoin holdings to 538,200 BTC acquired for $36.47 billion at $67,766 each. The market has experienced sentiment changes connected to massive institutional participation, which drives price growth while reshaping capital redistribution.

Technical Indicators Suggest Bullish Momentum in Short Term

The daily price of Bitcoin currently maintains $87,180.88 as its market value while producing a 2.28% return. The Relative Strength Index (RSI) holds a value of 57.44, which indicates moderate bullish momentum. The current price level indicates potential continuous upward movement which will not produce strong price corrections owing to heightened buying pressure.

Source: Tradingview

The MACD indicator shows continuous bullish momentum through its present crossover analysis. It shows a bullish pattern because its line now crosses above the signal line. Analysts expect an upward trend continuation because of this crossover, provided it remains backed by sustaining trading volume. Bitcoin will probably aim to reach the $90,000 resistance, yet additional price gains will need continued positive trends in both trading volume and momentum indicators.

Market Dynamics Show Investor Shift Toward Bitcoin

Market indicators reveal Bitcoin’s dominance surge and price growth as significant developments in cryptocurrency market evolution. The growing money migration toward Bitcoin creates a more noticeable distinction between Bitcoin and all other cryptocurrencies. Analysis of the dominance metric and increased trading activity indicates investors prefer to focus on Bitcoin instead of alternative cryptocurrencies.

Source: Coinglass

Between June and October, the market experienced regular moderate changes in BTC price, together with fluctuating trading volume that occasionally climbed higher. The price increase for Bitcoin started in November, followed by a significant rise in trading volume until January. The current trading pattern during April 2025 demonstrates the ongoing adoption of Bitcoin as the leading digital asset within the market. Market participants are allocating funds to stable investments through Bitcoin because they view it as their top choice for these funds.

Tags: Bitcoincryptocurrency
Yasmin Werner

Yasmin Werner

Yasmin is a crypto content analyst and writer with over 2 years of experience. She has a strong understanding of the crypto market and blockchain technologies. As an avid trader who stays updated on the latest trends and news, Yasmin delivers insightful and informative content.

  • Trending
  • Comments
  • Latest
ASIC Shuts Down 95 Crypto and Romance Scam Firms Linked to $35M Losses

ASIC Shuts Down 95 Crypto and Romance Scam Firms Linked to $35M Losses

April 8, 2025
Whale Snaps Up $1.7M in AVA, Eyes Long-Term Gains

Whale Snaps Up $1.7M in AVA, Eyes Long-Term Gains

May 3, 2025
Altcoin Shows Mixed Signals Amid Tariff Tensions and Fed’s Crash Warning

Altcoin Shows Mixed Signals Amid Tariff Tensions and Fed’s Crash Warning

April 7, 2025
Binance Founder CZ Appointed Strategic Adviser to Pakistan Crypto Council

Binance Founder CZ Appointed Strategic Adviser to Pakistan Crypto Council

April 8, 2025
Why Is Bitcoin Dropping Today?

Why Is Bitcoin Dropping Today?

0
Altcoin Shows Mixed Signals Amid Tariff Tensions and Fed’s Crash Warning

Altcoin Shows Mixed Signals Amid Tariff Tensions and Fed’s Crash Warning

0
Crypto Market Crash Amid Tariff Shock and Global Sell-Off

Crypto Market Crash Amid Tariff Shock and Global Sell-Off

0
Trump Launches $99 NFT Collection Featuring Superhero and Bitcoin Themes

Trump Launches $99 NFT Collection Featuring Superhero and Bitcoin Themes

0
FTX Fights $1.53B Claim From 3AC Collapse

FTX Fights $1.53B Claim From 3AC Collapse

June 24, 2025
PEPE Price Analysis for June 11

PEPE Price Analysis for June 11

June 11, 2025
Lagrange Token Skyrockets 528% Following Major Exchange Listings

Lagrange Token Skyrockets 528% Following Major Exchange Listings

June 5, 2025
Bitcoin Gains Traction as U.S. Struggles with Soaring Deficit

Bitcoin Gains Traction as U.S. Struggles with Soaring Deficit

June 4, 2025

Recent News

FTX Fights $1.53B Claim From 3AC Collapse

FTX Fights $1.53B Claim From 3AC Collapse

June 24, 2025
PEPE Price Analysis for June 11

PEPE Price Analysis for June 11

June 11, 2025

Categories

  • Altcoin News
  • Bitcoin News
  • Crypto Education
  • Crypto News
  • Features
  • News
  • NFT News
  • Price Predictions

Site Navigation

  • About Us
  • Contact Us
  • Editorial Policy
  • Privacy Policy
  • Careers
  • Disclaimer
  • Terms and Conditions
AltcoinBreaking

AltcoinBreaking delivers breaking crypto news and analysis on Bitcoin, Ethereum, Altcoins, Blockchain, NFTs, and the latest crypto market trends.

DISCLAIMER: The content published on AltcoinBreaking is for informational purposes only and does not constitute financial or investment advice. Cryptocurrencies are highly volatile, and we recommend conducting your own research and consulting a financial advisor before making any decisions. AltcoinBreaking is not responsible for any losses or damages resulting from the use of the information on this website. Please note that content published in the Press Release category is provided by third parties for promotional purposes and is not written by our staff. AltcoinBreaking does not guarantee the accuracy or authenticity of PR content. We encourage you to conduct your own research before acting on any information presented in this category.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
    • Bitcoin News
    • Altcoin News
    • Crypto News
    • NFT News
  • Cryptocurrency
    • Price Predictions
    • Crypto Education
    • Features
  • Advertise
    • Submit Your PR
    • Press Release
  • About
    • About Us
    • Editorial Policy
    • Privacy Policy
    • Careers
    • Contact Us

DISCLAIMER: The content published on AltcoinBreaking is for informational purposes only and does not constitute financial or investment advice. Cryptocurrencies are highly volatile, and we recommend conducting your own research and consulting a financial advisor before making any decisions. AltcoinBreaking is not responsible for any losses or damages resulting from the use of the information on this website. Please note that content published in the Press Release category is provided by third parties for promotional purposes and is not written by our staff. AltcoinBreaking does not guarantee the accuracy or authenticity of PR content. We encourage you to conduct your own research before acting on any information presented in this category.