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BTC's Dominance Fades Amid Hype for Hyperliquid

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Bitcoin (BTC) has cooled off after skyrocketing by 25% in less than 48 hours, dipping to $75,500 on Sunday morning amid reports that Wintermute has gone heavily on the short side. Despite this dip, BTC has recovered around a grand since its local low and sits at around $76,500.

The largest cryptocurrency's market cap is close to $1.540 trillion on CG, while its dominance over the altcoins has soared to just over 58%.

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