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