Bitcoin's market share briefly exceeded 65%, reaching a new high since February 2021

 according to TradingView data, today's Bitcoin dominance (BTC.D) has risen to 64.86%, breaking through 65% in the short term, reaching a new high since February 2021. The high Bitcoin dominance indicates the silence of the altcoin market, but also suggests that a market rebound is imminent. According to historical data, when Bitcoin dominance surged above 60% in November last year, the altcoin market started a small bull market. In 2019 and 2021, Bitcoin dominance has reached highs above 70%, followed by a general uptrend.