Bitcoin Dominance Grows as Ethereum Continues to Lag

Recent data suggests that Bitcoin's (BTC) dominance over the cryptocurrency market is increasing, while Ethereum (ETH) continues to lag behind.

The latest analysis from MooninPapa on X highlights a bearish warning for alternative cryptocurrencies, with BTC's dominance grinding higher and ETH still looking structurally weaker.

This trend has been building for weeks, and the recent data adds weight to it. The charts of individual altcoins are also sending a similar signal: capital is not rotating into alts yet.