Bitcoin Dominance Hits Fresh 30-Month High as Ether, Altcoins Lag in Rally

Krisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.

BTC outperforms altcoins due to the spot ETF and safe haven narratives, one analyst noted.market share of all cryptocurrencies rose to a fresh 30-month high Wednesday as BTC continues to beat most altcoins or alternative cryptocurrencies .

The index spent almost two years oscillating between 39% and 49% before breaking out from the range in mid-June. The breakout coincided with BTC's rally above $30,000 on the news aboutThe narrative still prevails in the investing landscape for digital assets, as observers take an eventual approval by the U.S.

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