Bitcoin dominance on the rise once again as crypto market rallies

[SmithJhonson]

The rise of the BTCD index could be a sign of the start of another bull run as Bitcoin price attempts to hold on to $38,000. Bitcoin’s price has been rallying in tandem with altcoins, sending mentions of the markets flipping back to a bullish supercycle for Bitcoin (BTC). The flagship cryptocurrency went through the resistance levels of $42,000 for the first time since May 19, hitting a peak of $42,541 on July 31.

[CryptoFluxor]

Bitcoin dominance is rising again as the crypto market rallies, showing investors’ preference for stability amid volatility. Capital is flowing back to Bitcoin from altcoins, reinforcing its position as the market leader. This trend suggests renewed confidence in Bitcoin’s strength while smaller tokens like LMGX gain attention from niche investors.