Bitcoin (BTC) Maintains Its Crypto Market Dominance: Updated Figures and Insights - 16-05-2025

Bitcoin’s market dominance has risen by 0.74% over the past 24 hours, while Ethereum’s share has declined to 9.3%.

Meanwhile, U.S. Federal Reserve Chair Jerome Powell stated on Thursday that the central bank is reassessing its approach to inflation and employment as part of a major policy review.

The Crypto Fear & Greed Index from CoinMarketCap currently stands at 69, reflecting a sentiment of “greed” in the market. While this is a slight drop from the previous day’s reading of 71, it remains significantly higher than last month’s score of 29, which indicated a state of “fear.”

In traditional financial markets, modest gains were recorded. S&P 500 futures rose by 0.0042% to 5,933.50 USD. Nasdaq 100 futures climbed 0.020% to 21,404.50 USD, and Dow Jones futures increased by 0.026% to 42,396 USD.

Elsewhere, the price of gold has slipped to around 3,220 USD per ounce as of Friday, heading for a weekly loss of over 3%. This decline reflects reduced demand for safe-haven assets amid easing trade tensions between the United States and China.