Flight to safety evident in dominance metrics

Bitcoin and stablecoin dominance tell a story of growing de-risking in the market.
Source: Tradingview (BTC, USDT, USDC, BUSD, ETH), Coingecko

The bitcoin dominance currently sits at 46.13%, on par with the highs seen in October 2021. This is an interesting metric to cover in isolation, as it tells a story of de-risking in the market.

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