Even as traditional banks fell like dominoes last month, Bitcoin displayed an independent mind and rose to as high as $28k. This pleasantly surprised many of us because the King seemed to be coupled closely with traditional markets. Not this time.
According to TradingView, the BTC dominance has already increased recently; it is currently 47.65%. Perhaps there is a correlation between BTC dominance and its price. The troubles plaguing Binance and USDC saw some investors converting their stablecoins like USDC to BTC. BTC dominance seems to evoke optimistic vibes. Even institutional giants are paying more attention to it recently. MicroStrategy expanded its BTC pool to 138, 955 Bitcoins.
Likewise, have you increased the percentage composition of Bitcoin in your crypto portfolio recently? Why this percentage? Are you planning to decrease or increase it in the future?
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