🟧 Bitcoin ($BTC) dominance reached its highest point of 64.4% on May 8. Following that, Ethereum ($ETH) dominance increased to 9.75% (up by 3%), altcoins rose to 22.35% (up by 2%), and stablecoins decreased to 6.3%. However, $ETH and altcoins are still below their historical highs of 18% and 28.5%, respectively. This indicates that the market cycle continues to be primarily driven by Bitcoin.

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