Bitcoin Dominance Reaches 59.1% Market Sentiment Shifting Toward Stability

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Bitcoin’s market share has climbed to 59.1% in Q1 2025, its highest since late 2020, according to CoinGecko. While the broader crypto market contracted by nearly 19%, Bitcoin’s smaller price drop of 11.8% underlines its status as a relatively more stable asset during uncertain times.

 

Analysts point to a noticeable trend: in times of high volatility, investors appear more willing to rotate away from risk-heavy altcoins and back into Bitcoin. The April recovery reinforces the idea that Bitcoin often reasserts its position during downturns a pattern we’ve seen play out more than once over the last few years.

 

Meanwhile, platforms like BingX are helping keep the market engaged. Their Happy Friday (Round 4) event runs until May 23 (UTC+8), offering 50,000 USDT in token rewards. New users can participate through basic tasks like deposits, trading, or inviting friends, while spot traders stand a chance at periodic airdrops.