BTCUSD BTCUSD BTCUSD BTC 
BTCEUR Here I present you the chart that shows the dominance of
BTC.D and the major stablecoins 
USDT.D and 
USDC.D is in the crypto market. These assets now hold 68% of the total market cap. This means : " For every $1 coming into crypto, about $0.60 goes into BTC and stablecoins, but only $0.40 goes into thousands of other cryptos."
Will this dominance decrease?
At some point, yes. The fall of BTC and stablecoin domination together with new money coming into the market is often the precursor for an Altseason. If fresh money do not flow into the market, altseason may be underwhelming as funds would merely rotate between BTC and stablecoins in addition to other assets, rather than growing the market.
But why does BTC tend to hold relatively well during market corrections while altcoins face harsh drops?
This is a function of market structure and liquidity distribution, something you can read about in my article "Portfolio Stability", a must read to better your understanding of crypto market dynamics.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.