Bitcoin Rallies to Yearly Highs and SAP Tests USDC
Jun 23, 2023
Market Update Crypto markets sharply continued their move higher today, with $BTC and $ETH rising 4.23% and 2.32%, respectively, at the time of writing. Bitcoin continues to lead the market, evidenced by it breaking its yearly highs and Bitcoin's Dominance Ratio rising 0.86% to 51.84%, its highest level since April of 2021. This ratio measures Bitcoin's market cap relative to the rest of the crypto market, and its rising means that Bitcoin is outperforming the majority of altcoins. This is generally viewed as healthy for the market because it shows the market isn't overly frothy, and investor