Bitcoin Dominance May Wane as Capital Rotates Toward Ethereum in Cooling Market

Bitcoin's dominance is declining as traders reduce perpetual contract activity from 80 million to 13 million daily, shifting capital toward Ethereum amid balanced market liquidations of $67.42 million long and $64.53 million short. Bitcoin perpetual contracts have dropped sharply, signaling fading trader interest in BTC's range-bound trading between $85,000 and $90,000. Ethereum maintains steady contract [...]