Bitcoin's dominance is on the rise again, reaching 64.5% of the total market capitalization. This surge is largely driven by the recent decline in altcoin prices, with many struggling to maintain their momentum. As a result, Bitcoin's market share has increased, potentially signaling a renewed focus on the king of cryptocurrencies.

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Bitcoin's resurgence to 64.5% dominance underscores the market's risk aversion, likely drawing capital away from more volatile altcoins. This trend could stabilize Bitcoin's price, reinforcing its status as a safe haven.