Interestingly, this break above $100,000 also comes with the Bitcoin dominance above the 60% threshold. This is the first time Bitcoin dominance is breaking above $100,000 with such dominance over the market, which lends weight to the sustainability of the current rally.
Compared to previous surges past six figures, this rally is unfolding under notably different market conditions. One of the clearest differences is Bitcoin’s dominance, which now sits above 60%.