Bitcoin Continues Market Dominance Despite Slight Pullback

Bears Step In

The climb began last week, when Bitcoin jumped from $84,000 to over $90,000, eventually peaking at $96,000 on April 25th before entering a brief consolidation phase. A breakout on Thursday pushed it to $98,000, but bears halted further progress.

Source: TradingView

BTC’s market cap remains above $1.91 trillion, with dominance hitting a four-year high near 62% on some platforms, suggesting potential for altcoin movement soon.

Altcoins Slip Slightly

Most major altcoins saw minor losses. AVAX and PEPE led the drop, each down about 3%, while ETH, SOL, XRP, and others followed with smaller declines. In contrast, TRUMP, KAS, and TAO rose 3–4%, and VIRTUAL gained over 6% to trade above $1.70.

The overall crypto market cap is still above $3.1 trillion despite a $30 billion daily dip.

Other Markets

Warren Buffett is stepping down after over 60 years leading Berkshire Hathaway, with Greg Abel set to succeed him as CEO. The company has amassed a record $347.7 billion in cash, reflecting investment caution.

In China, early dividend payouts aim to stabilize the yuan, while Hong Kong intervenes to protect its currency peg. Global markets remain bullish, but uncertainty looms. Short sellers are also betting against private credit lenders, and Saudi Arabia intensifies its OPEC+ strategy to lower oil prices. Meanwhile, Germany’s energy transition is hindered by red tape and military airspace restrictions.