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Altcoins Fall More Than Bitcoin in Week, Boosting Bitcoin Dominance
Altcoins experienced a significant decline of 9.3% in the week ending Sunday, compared to Bitcoin's 2.0% drop. Bitcoin's market share increased to 60.3% of the total crypto market value, surpassing 60% for the first time since May. This trend is attributed to the broader market sentiment, with Bitcoin's dominance expected to continue as traders' futures bets on altcoins remain higher than those on Bitcoin.