Bitcoin's dominance in the cryptocurrency market has reached 64.60%, its highest level since January 2021, amid a year-to-date decline of over 50% for ether. When factoring in the top stablecoins, Tether (USDT) and Circle's USDC, Bitcoin, along with these stablecoins, now accounts for approximately 72% of the total crypto market capitalization. This increased dominance highlights a consolidation among top digital assets, with investors gravitating towards perceived safer options. Bitcoin's value has surged to just above $88,000, contrasting with the S&P 500's 6% drop since early April. The ETH/BTC ratio has plunged to 0.01765, reflecting a significant performance gap between Bitcoin and Ethereum. Key technical levels for Bitcoin include the 200-Day Moving Average at $87,965 and its 2025 Realized Price at $91,565. Historically, Bitcoin tends to enter sustained bull markets when trading above these levels.

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