Bitcoin's price has seen a decline in 2025, yet it continues to outshine other cryptocurrencies, as reported by Matrixport. As of March 12, Bitcoin dominance reached 61.2%, marking a rise from a cycle low of about 54% in December. This uptick indicates that the recent altcoin rally was brief and fading. The post on the X platform suggests that as Bitcoin's spot price fell by roughly 20% since the Federal Reserve's interest rate decision on January 29, traders are shifting from altcoins to Bitcoin, which has shown better performance despite recent losses. Analysts from Matrixport mentioned that the next phase of Bitcoin's growth will depend largely on the Fed's interest rate decisions and the current inflation data, which indicated a cooling trend with February's Consumer Price Index showing 2.8%.

Source đź”—