Bitcoin Market Cap Increases 5.3xa $ 1.93T: growing faster than Altcoins from 2022

Currently, bitcoin is quoted within a well -defined range, fluctuating among its historical maximum of $ 109k and minimums of reach around $ 89k. The market is still very volatile, with a dominant uncertainty of feeling as merchants expect a decisive breakdown. Both bulls and bears are fighting for control, and the next bitcoin movement could establish the tone for the broader market in the coming months.

Despite uncertainty, bitcoin continues to solidify its dominance over Altcoins. Glassnode's key data reveal that from the 2022 market fund, btc market capitalization has increased 5.3x, growing from $ 363 billion to $ 1.93 billion. In comparison, the Altcoin market has expanded at a slower pace, increasing 4.7x to reach $ 892 billion. This divergence underlines the growing attraction of btc as the active leader in the cryptographic market, especially in times of economic and geopolitical instability.

As bitcoin is consolidated within this key negotiation range, investors are closely monitoring if they can recover the impulse of another higher leg or if there is a higher risk. A rupture above $ 109K could push btc to the discovery of prices, while losing the $ 89K support could trigger a deeper correction. For now, all eyes remain in bitcoin's ability to stand firm and define the next important trend.

bitcoin exceeds altcoins: what this means

bitcoin is currently quoted at medium rank levels, does not show a clear direction since bulls struggle to recover control, while bears lack strength to raise prices. The market has been consolidated since the end of December, with btc varying between its historical maximum of $ 109K and the key support for $ 89k. This prolonged lateral movement has frustrated investors, who expect a decisive movement anxiously.

<a target="_blank" href="https://x.com/glassnode/status/1887777111085051979″ target=”_blank” rel=”noopener nofollow”>Glassnode key data It reveals that from the 2022 bitcoin market, bitcoin market capitalization has increased 5.3x, increasing from $ 363 billion to $ 1.93 billion. Meanwhile, the Altcoin market has grown at a slower pace, increasing only 4.7x to reach $ 892 billion. This discrepancy highlights bitcoin's domain in the current cycle, since capital flows largely to btc while Altcoins continues to have a lower yield.

These data suggest that investors are prioritizing bitcoin as a safer bet in the midst of macroeconomic uncertainty, commercial war fears and market volatility. However, this also creates a problem for Altcoins, since its inability to maintain bitcoin's rhythm has led to frustration among merchants. Many expected an Altse season to follow btc's strong performance, but instead, Altcoins has fought, causing more fear on the market.

As bitcoin remains stuck in this range, investors are looking for a break above $ 109K to confirm more upwards. Meanwhile, losing the $ 96k-$ 98k support zone could lead to another fall towards $ 90K, prolonging uncertainty.