🤓Bitcoin Dominance Index is at its highest level since 2021

Bitcoin's market share has reached 58%, its highest in more than three years.

Traditionally, a decline in Bitcoin dominance is seen as the start of the "altcoin season" and vice versa - an increase in Bitcoin's share relative to the rest of the crypto market indicates the instability of alternative cryptocurrencies.

At the same time, the Ethereum to Bitcoin ratio has reached a new low, and the share of "ether" in the market is falling.