Bitcoin advances, holds above key technical level that ether, solana can't break through

BTC's dominance rate has risen from last week's low, a sign of renewed capital flowing into the largest cryptocurrency as major altcoins struggle. What to know : Bitcoin advanced and its market dominance rose to 59%, underscoring renewed investor preference for the largest cryptocurrency as major altcoins lag below key technical levels. Lesser-known tokens BEAT and VELVET have posted explosive gains, over 500% and 800%, respectively. Derivatives data show ongoing long liquidations, muted new leverage, and steady implied volatility, with bitcoin and ether puts trading at a premium to calls as traders hedge rather than bet on a volatility spike around SpaceX’s expected IPO.