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Home›Crypto›Market Structure›Bitcoin rally outpaces rest of crypto market this week

Bitcoin rally outpaces rest of crypto market this week

Bitcoin rose about 24% over the week, increasing its share of the total crypto market as gains lagged elsewhere.

Reported · Written up by our desk · Market Structure

Bitcoin is rallying faster than the rest of the crypto market, highlighting a growing concentration of momentum in the flagship asset, according to Decrypt.

The outlet said Bitcoin gained roughly 24% over the week, while the broader crypto market increased by less, creating a noticeable performance mismatch.

That divergence is also reflected in market share, with Bitcoin taking up a larger portion of the total crypto market as other tokens failed to match its pace.

Latest closeBitcoin $84,236.73 ▼2.2%

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Sources

DecryptBitcoin Rally Is Outrunning the Rest of the Market: Here’s Why

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