Bybit Reports Bitcoin Dominance Surge to 31% as Institutions Seek Stability
Bitcoin's dominance in cryptocurrency portfolios has reached 30.95%, its highest level since Bybit began tracking this metric. Institutional investors are leading this trend, allocating 40% of their portfolios to Bitcoin, nearly triple the 11.64% allocation by retail investors. This shift highlights a preference for Bitcoin's perceived stability during market volatility. Meanwhile, XRP is making a quiet comeback, surpassing Solana to become the third-largest non-stablecoin cryptocurrency. The data underscores a growing divergence between institutional and retail strategies, with institutions favoring Bitcoin's resilience over altcoins.
Bitcoin Dominance Nears 31% as Institutions Favor Resilience Over Altcoins
Bitcoin's share of crypto portfolios has surged to 30.95%, marking its highest level since Bybit began tracking the metric. The flagship cryptocurrency now commands nearly triple the allocation in institutional portfolios (40%) compared to retail investors (11.64%), signaling a flight to perceived stability during market turbulence.
XRP is staging a quiet comeback, overtaking solana as the third-largest non-stablecoin holding. The token's resurgence appears driven by speculation around potential ETF approval, while SOL's allocation has plunged 35% since October 2023 - a dramatic reversal for last year's altcoin darling.
The divergence between Bitcoin's institutional embrace and retail positioning underscores its dual role in crypto markets: both as a speculative vehicle and macro hedge. This rotation comes despite volatile price action earlier in the year, reinforcing BTC's status as the ecosystem's bedrock asset.
Bitcoin Price Holds Strong at $105K Amid Institutional Demand and Short Squeeze Speculation
Bitcoin's price resilience at $105,000 reflects renewed market confidence as geopolitical tensions ease. Former President Trump's announcement of a Middle East ceasefire has bolstered investor sentiment, coinciding with strong institutional inflows. Spot BTC ETFs recorded $350.43 million in net inflows this week while exchange reserves declined marginally, signaling reduced selling pressure.
Bybit's taker buy-sell ratio shows pronounced bullish activity, with traders positioning for potential upside. Analysts highlight smart money movements becoming visible during periods of low retail participation. Social media sentiment echoes ambitious price targets ranging from $130,000 to $135,000 by Q3 2025.
Exchange data reveals strategic accumulation during price dips, suggesting sophisticated investors anticipate further appreciation. The market appears poised for volatility as Leveraged positions build on major platforms.