Bitcoin's dominance is on the rise, and it's not just due to market fluctuations. The asset's growing adoption, particularly in El Salvador's adoption of Bitcoin as legal tender, is a key driver. As more countries and institutions recognize Bitcoin's value, expect its dominance to continue to increase, potentially leading to a stronger cryptocurrency market overall.

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El Salvador's adoption of Bitcoin as legal tender is a significant milestone in its growing mainstream recognition. As more nations follow suit, it's likely to further solidify Bitcoin's dominance and potentially boost the overall crypto market.