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Bitcoin’s Shocking Q1: Why Its Dominance Is Surging While Altcoins Struggle

  • Bitcoin and Ethereum struggled in Q1, marking their worst performance since 2022.
  • BTC dominance surged to 61.2%, indicating capital flight from altcoins as investors seek stability.
  • Q2 may bring a rebound if strong catalysts emerge, but without them, Bitcoin and Ethereum could stagnate in the short term.
  • Investors are increasingly using Bitcoin as a safe haven asset, causing a decline in altcoin value.

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