Bitcoin's Dominance in Crypto Market Declines Below 60% Amid New Token Presale Success

The Bitcoin dominance, measuring Bitcoin's share of the total cryptocurrency market capitalization, has fallen below 60% after peaking at 64% a few weeks prior. This decline signals potential shifts in the crypto market. A new token, BTC Bull Token ($BTCBULL), has garnered attention with nearly $1.8 million in sales during its first week of presale. The token's value is linked to Bitcoin's price, offering token burns or Bitcoin airdrops when Bitcoin reaches certain milestones, such as $150,000.