Bitcoin's dominance has now risen to 62%

PANews reported on June 25th that, according to The Block, BTC's dominance has risen from a significant drop to 59% in May to now 62%. The current rise trend of BTC's dominance indicates that funds are still favoring BTC over smaller digital assets, which may delay the broader rise of AltCoins. The rebound in dominance reflects the increasing divergence in investment patterns towards Cryptocurrency on Wall Street. While Cryptocurrency is becoming more popular in traditional Financial Institutions, unlike the mainstream BTC, AltCoins have not experienced a similar institutional frenzy. This preference for Cryptocurrency-related stocks may dampen investors' interest in AltCoins.