Bitcoin's market dominance has fallen below 60%, reaching a new low since February.

Bitcoin's dominance has fallen below 60% for the first time since February 1st. This number represents Bitcoin's share of the total cryptocurrency market value. Bitcoin's market value is currently at $2.39 trillion, while the entire cryptocurrency market has surged to over $4 trillion, reaching a historic high. Ethereum has been a key driver of the cryptocurrency rally, with its price climbing to $4700. The last time Bitcoin's dominance was this low, the price of Bitcoin was less than $10,000.