Bitcoin Dominance Hits 3-Year Peak as BTC Holds Steady at $60K

Bitcoin’s price was stopped ahead of $63,000 but has managed to defend the $60,000 level after an immediate retracement. Despite this bearish trend, Bitcoin’s market dominance is at a 3-year high. 

Amidst this development, Pawfury (PAW) is emerging as a presale project that’s capturing the attention of savvy investors. With its promise of high returns and seemingly predictable patterns, Pawfury stands out in the volatile crypto landscape, offering a refreshing alternative to established tokens.

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Pawfury (PAW) is quickly establishing itself as the new crypto superstar in the market. With its dynamic presale rewards, Pawfury (PAW) offers significant benefits to its holders. The strong and growing community backing this coin, coupled with ongoing development efforts, showcases its immense growth potential. As an innovative and strategic investment option, Pawfury (PAW) is attracting widespread attention from investors looking for high returns in a competitive landscape. This emerging superstar is set to dominate the crypto market, promising robust growth and long-term success.

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Token Distribution Benefits for Early Pawfury Investors Pawfury’s presale is crafted to ensure fair token distribution and provide benefits to investors. Featuring multiple stages with increasing prices, the structure rewards early participants with lower token costs. This model not only builds excitement but also attracts capital, enhancing liquidity and market stability.

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BTC Dominance on the Rise

Last weekend was quite painful for the primary cryptocurrency. It continued the massive correction that started on Friday and slumped from $66,000 to just under $60,000 by Sunday morning. The landscape worsened later on Sunday with a drop to $57,000. However, the worst came on Monday with another leg down to just under $50,000, which became its lowest price level in about six months.

Source: TradingView

The bulls finally stepped up at this point and didn’t allow any further declines. BTC started to regain traction and jumped to $53,000 on Tuesday and $57,000 by Thursday. Another leg up followed on Friday that pushed the cryptocurrency to almost $63,000.

Nevertheless, bitcoin failed to continue its run and has lost some momentum since then. In fact, it slipped toward $60,000 but has managed to defend that level and trades about $700 above it now. Its market cap has declined slightly to $1.2 trillion, but its dominance over the alts keeps rising. The metric is now at 54% on CoinGecko, the highest since April 2021.

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