Bitcoin's Stagnant Crypto Dominance Points to Investor Exodus After FTX Bankruptcy

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Bitcoin's Stagnant Crypto Dominance Points to Investor Exodus After FTX Bankruptcy
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Bitcoin's dominance rate has held steady at around 40%, contradicting its record of rising sharply during times of stress. Chart of the Day explains the data, presented by cryptocom:

Digital assets have decoupled from the risk revival in traditional markets in the aftermath of FTX's collapse.

Yet, bitcoin's dominance rate has held steady at around 40%, which could represent an exodus of investors from the market. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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