Bitcoin Surges Past $122,000, Market Dominance Rebounds to 64.77% Amid Altcoin Rally

On July 14, Bitcoin surged past the $122,000 threshold, establishing a new all-time high and driving its market dominance (BTC.D) back to 64.77%. This resurgence underscores Bitcoin’s continued primacy in the cryptocurrency ecosystem. Concurrently, the altcoin market capitalization, represented by TOTAL2 and including Ethereum (ETH), has experienced a robust 30% increase from its June lows, now valued at approximately $1.32 trillion. These dynamics highlight a broad-based recovery across the crypto sector, reflecting renewed investor confidence and capital inflows into both Bitcoin and alternative digital assets.