In today’s structure, a clear increase was observed in the overall market capitalization, while USDT dominance declined. Meanwhile, BTC and altcoin dominance remained relatively stable. This combination usually indicates that capital is moving out of stablecoins and being deployed into risk assets. A drop in USDT dominance typically reflects buy-side activity, while the rise in market cap confirms that fresh value has flowed into the market.

In terms of impact, a decline in USDT dominance supports a bullish market sentiment, as liquidity is coming off the sidelines and entering the market. The stability in BTC and altcoin dominance suggests that capital rotation has been limited and that the pump has been broad-based rather than concentrated in a single segment. In such conditions, the market generally maintains its strength unless USDT dominance starts turning upward again or weakness appears in overall market capitalization.$BTC ‌