
Bitcoin's 4-Year Dominance Peak: Altcoins Fizzle Out, Says Binance
Date: 2025-05-06 16:06:21 | By Clara Whitlock
Crypto Markets Surge 9.9% in April: Bitcoin Leads the Charge Amid Tariff Pauses
Hang onto your hats, crypto fans! April was a wild ride with markets skyrocketing by a whopping 9.9%, and guess who's leading the pack? None other than Bitcoin, baby! And it's all thanks to those sweet, sweet tariff pauses that got everyone's spirits soaring.
Just when you thought crypto couldn't get any hotter, Bitcoin flexed its muscles even harder on Tuesday, May 6, when Binance Research dropped a bombshell report on April's market madness. The report screams that markets are back, baby, up 9.9% for the month, and it's all because those tariffs took a much-needed breather.
But here's the kicker - while the whole crypto world is partying, Bitcoin's just getting started. Its dominance is skyrocketing, a trend that's been on fire since 2022. Right now, Bitcoin's gobbling up a massive 63% of the total crypto market cap, the highest share since 2021. Binance Research says it's all thanks to the buzz about a Bitcoin strategic reserve and the digital gold hype that's got investors drooling.
Remember those times when Bitcoin's dominance took a nosedive? Yeah, that usually meant the whole market was going bananas. The last time that happened was late 2024, but April's surge is saying something new - Bitcoin's story is changing as it dives deeper into the mainstream financial world.
A rise in money printing boosts Bitcoin
Hold up, there's more! Bitcoin's rise isn't just a fluke; it's riding the wave of a massive money printing spree. We're talking about a record-breaking $93 trillion increase in the M2 money supply across the G4 countries - that's the U.S., Japan, China, and Europe, folks. And you know what? It's all connected to Bitcoin's price shooting up.
Bitcoin fans are shouting it from the rooftops - it's digital gold, a shield against inflation. Plus, all that extra cash floating around is pumping more liquidity into the markets, crypto included.
But wait, there's a twist! Binance Research also spotted a new trend in centralized finance. Over the past two months, these CeFi companies have been raking in cash like nobody's business.
Why? Because investors are loving them, thanks to the shifting tides of crypto regulations in the U.S., which is still the world's venture capital playground. Buckle up, because the crypto rollercoaster is just getting started!

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