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