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Bitcoin dominance drops below 50% as Trump touts crypto reserve plan

cryptoweekly by cryptoweekly
March 3, 2025
in bitcoin, News
0

The inclusion of altcoins in Trump’s US Crypto Strategic Reserve announcement sent Bitcoin up 10% but dented its dominance over altcoins.

Bitcoin dominance slipped from 55.4% to below 50% in the hours after US President Donald Trump initially announced the country would include XRP, Solana and Cardano in its “Crypto Strategic Reserve.”

Trump later confirmed on Truth Social that Bitcoin (BTC) — and also Ether (ETH) — would be “at the heart of the reserve” — though his inclusion of altcoins left a sour taste in the mouths of several Bitcoiners — and even a Bitcoin critic.

Bitcoin’s dominance has slipped to 49.6% as the likes of Cardano (ADA) and XRP (XRP) increased 60.3% and 34.7%, respectively, over the last 24 hours.

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  • Binance co-founder CZ proposes dark pool DEXs to tackle manipulation
  • BitoPro confirms $11.5M exploit, says withdrawals unaffected
  • Singapore orders local crypto firms to cease overseas activity by June 30
  • Crypto funds post $286M inflows as Ether tops buying: CoinShares
  • XRP price risks a 20% crash to $1.70 — Here is why
  • Singapore issues June 30 deadline to crypto firms serving international clients without DTSP license
  • Metaplanet becomes 8th largest Bitcoin holder with $118M buy

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