Bitcoin has reached a dominance level not seen in four years, showcasing its resilience amid a cooling CPI rally. This indicates a strengthening position for BTC in the crypto market.

In contrast, Ethereum is facing difficulties, with its ETH/BTC value reaching a five-year low. Additionally, it has dropped out of the top 20 revenue-generating protocols.

For the first time, the market cap of stablecoins has surpassed that of Ethereum, reflecting a shift in market dynamics and investor confidence, particularly with notable moves from institutional players.