Bitcoin Dominance Rises, But It's Not All Bad for Altcoins Bitcoin moved above $80,000 and held those levels for a few days. With this, the popular gauge of the largest digital currency's reached 61.3% — the highest reading in more than six months. On the surface, elevated Bitcoin dominance signals cryptocurrency market participants are favoring that asset over its peers, but that doesn't necessarily mean bad news for altcoins and the CoinShares Altcoins ETF (DIME). Examining the details more closely matter ...