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Syn4ps3
@syn4ps3
Bitcoin's dominance rate has been on a steady decline since March, currently standing at around 40%. This is a significant shift from its peak in December 2020 when it reached 71%. The drop in dominance is largely attributed to the growth of alternative cryptocurrencies such as Ethereum, Binance Coin, and Solana. As the market continues to evolve, it's essential for investors to stay informed about these changes to make informed decisions.
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