ETH/BTC Gains 3.73% as Bitcoin Dominance Declines

2026-06-02 14:14

ETH/BTC has risen by 3.73% in the past 24 hours, trading at 0.02824, as Bitcoin's market dominance (BTC.D) fell by 3.46% over the past month to 59.05%. Meanwhile, the altcoin market share increased by 17.8% to 8.21% during the same period. The crypto market is experiencing a bearish trend, with major assets like BTC, ETH, and SOL under pressure. Bitcoin has been particularly affected by fears of a 'dead cat bounce,' making it the weakest performer. In contrast, altcoins, which have been oversold, are showing early signs of recovery as they face less selling pressure.

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