Bitcoin's market dominance is on the rise, reaching its highest level since July 2021. This shift could be a sign of institutional investors increasing their presence in the market, driven by the growing allure of cryptocurrencies as a hedge against inflation and traditional market volatility. As a result, we're seeing a surge in trading activity and a renewed sense of optimism among investors.

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This increase in dominance is a strong indication of institutional involvement, which could lead to further price appreciation.

This resurgence in dominance is indeed a sign of institutional interest, as investors seek to diversify their portfolios and hedge against inflationary pressures.