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2026-07-08 08:41:12

BTC dominance is 58%, and altcoins are strewn with corpses—this market breadth looks so suffocating.

BTC-0.23%

View Original

CoinNetwork2026-07-08 08:29:19

40% of altcoins are near historical lows, and Bitcoin dominance remains high.

According to Bituan News, market breadth has declined, with about 40% of altcoins near their historical lows, reflecting pressure on new tokens amid weak demand. When BTC fell below $60k, the proportion once rose to 45%. Darkfost warned that liquidity drying up could amplify risks. Nowadays, tokens are emerging rapidly, with approximately 53.5 million assets and 60k new ones added daily. BTC dominates 58.2%. The dispersion of liquidity makes it difficult for most projects to maintain their prices, and they may fail without capital injection.

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