Bitcoin Dominance Hits 56%: Long-Term Holders’ Resilience vs. Short-Term Losses—What’s Next?

TL;DR Bitcoin has reached a 56% dominance in the total cryptocurrency market capitalization, up from 38% since November 2022. Short-term holders face substantial losses, which could lead to a potential overreaction in the market. Despite the volatility, long-term holders maintain a steady accumulation, with an average sell-side pressure of approximately $138 million per day. Bitcoin ...... source: https://crypto-economy.com/bitcoin-dominance-hits-56-long-term-holders-resilience-vs-short-term-losses-whats-next/