Despite recent short-term market corrections, Bitcoin prices remain strong. According to data Over 93% of BTC holders are listed in the money from IntotheBlock.
In the meantime, Bitcoin’s domination has skyrocketed by 64%, according to CoinMarketCap data.
Bitcoin domination is a metric used to measure the relative market share or control of Bitcoin across the cryptocurrency sector. This represents the percentage of Bitcoin’s total market capitalization compared to the total market capitalization of all cryptocurrencies combined.
Increased domination shows that Bitcoin is gaining value or losing less than altcoins, reflecting what is perceived as a safer investment.
According to Cryptoquant data, overall demand for Bitcoin has been signed significantly, with around 895,000 BTC falling over the past 30 days. This decline effectively offset the bullish price impact typically driven by facility purchases.
Despite continuing headline purchases, net demand has slowed down, slacking Bitcoin’s upward momentum. This stagnation traps assets in the integration phase instead of fueling breakouts.
BTC prices at intersections
The S&P 500 and NASDAQ Composite both closed at record highs on Friday, but Bitcoin couldn’t reflect the rally. Despite a 15% increase in the first half of 2025, these returns have not reached what explosive growth investors have been expecting in recent years.
The key element behind muted action may be to diminish retail interest. Much of the current price movement appears to be driven by large owners such as the strategy that continues to expand Bitcoin’s Treasury (formerly the Micro Strategy).
Currently, Bitcoin is trading at $108,081.
From a mid-term perspective, weekly bars are about to close in neutral zones. If the photos remain the same, it is more likely to be horizontally traded in a narrow range of $107,000 to $110,000.