From Investing.com
February 17, 2025 2:00:29 pm:

1. Bitcoin dominance is on the rise, with key drivers pushing it back to previous highs, according to analyst Willy Woo. Factors contributing to this increase include hash rate growth, reduced competition, and an increase in market interest. These elements are aligning to potentially propel Bitcoin dominance even higher.
2. The hash rate growth of Bitcoin has been steadily increasing, indicating a stronger network and higher levels of security. With more miners joining the network, competition is decreasing, allowing Bitcoin to reclaim its dominance in the cryptocurrency market. This trend is expected to continue in the near future.
3. Market interest in Bitcoin has been steadily rising, with more investors turning to the digital asset as a hedge against inflation and economic uncertainty. This renewed interest, combined with the growth in hash rate and reduced competition, is expected to drive Bitcoin dominance back to its previous highs, according to analyst Willy Woo.

Read more at Investing.com: 3 Key Drivers of Bitcoin Dominance Returning to Old Highs Named by Willy Woo