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Bitcoin Dominates 73% Of Crypto Market As Investors Shift Away from Ethereum

  • Bitcoin dominates 73% of the crypto market, experiencing a 6% increase in 2024.
  • Investors are shifting from Ethereum to Bitcoin, leading to the lowest ETH/BTC ratio since April 2021.
  • Stablecoins like USDT and USDC are growing, with a market cap of $118 billion and $35 billion respectively.
  • Whales continue to accumulate Bitcoin, with two whales withdrawing 3,463 BTC from Binance.

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