On September 16, Bitcoin dominance surged to 58%, marking its highest level since April 2021. This milestone comes after a prolonged period of gradual increase in Bitcoin's market share, highlighting a significant shift in the cryptocurrency landscape.
Read MoreThe recent dip in Bitcoin's (BTC) price has sparked discussions and speculations about the underlying causes. Among the potential factors, the rise of "paper Bitcoin," or Bitcoin derivatives, has emerged as a significant point of interest for analysts and investors alike.
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