The crypto world is starting to look like just bitcoin again
Looks like 2025 is shaping up to be a big year for crypto... or at least for one particular coin.
Bitcoin briefly flew past $123,000 on Monday morning, the first day of the House’s “Crypto Week,” which (despite some disappointments) saw landmark legislation to regulate stablecoins passed by Congress, helping to boost the value of the entire crypto market beyond the $4 trillion mark on Friday. Through the week, the world’s biggest cryptocurrency did cool off a little, with a handful of meme coins and altcoins starting to steal the show.
However, zooming out beyond the recent altcoin gains reveals that the crypto landscape is still very much dominated by bitcoin, which takes up a whopping 63% of the total crypto market’s value.
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