ETH/BTC rises 3.73% in one day, while BTC.D drops 3.46% over a month.

KuCoinFlash

Release Time: 06/02/2026 06:14:29

Summary

BTC dominance decreased by 3.46% over the past month to 59.05%, while ETH/BTC rose 3.73% in 24 hours to 0.02824. BTC’s price remains under pressure from “dead long” selling and broader market shifts. Altcoin dominance (OTHERS.D) increased by 17.8% to 8.21% as liquidity flows into U.S. stocks and altcoins experience limited selling pressure. Major coins like SOL continue to struggle amid tightening market conditions.

BlockBeats news, June 2: According to market data, ETH/BTC rose 3.73% over the past 24 hours, currently trading at 0.02824. Bitcoin’s market share (BTC.D) declined 3.46% over the past month, currently at 59.05%. The altcoin market share (OTHERS.D) increased 17.8% over the past month, currently at 8.21%.

Data shows that as the crypto market continues to deepen its bearish trend and the U.S. stock market’s bull run draws away additional liquidity, major crypto assets—BTC, ETH, and SOL—have faced sustained pressure. Bitcoin, in particular, has recently been weighed down by FUD surrounding "dead cat bounce" selling, making it the weakest performer. Meanwhile, previously overlooked altcoins, having been severely oversold and lacking selling pressure, have provided room for holders to manipulate prices, leading to early signs of price recovery.

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