The market share of Bitcoin has surged to nearly 53%, hitting a three-year high
After geopolitical tensions sparked market volatility, Bitcoin's market share soared to nearly 53%, hitting a three-year high and driving an overall increase of 6% in the major cryptocurrency markets. The trigger for this market recovery stemmed from Iran's failed attack on Israel, which caused a rapid sell-off in the market followed by a rebound. Bitcoin has shown particular resilience and appeal as an anti-inflation tool, and with ongoing macroeconomic uncertainty, its performance is especially noteworthy as it prepares for halving in five days.
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