Bitcoin is trading around $101,540, down 2.8% in 24 hours and 16% over the past month. Key support near $98,500, resistance at $109,000. BlackRock’s Bitcoin ETF debut highlights institutional demand amid tariff uncertainty. Altcoins are gaining traction as Bitcoin’s dominance sits at 60%.

Bitcoin’s price has fluctuated dramatically, dropping from $126,000 to $103,000 in early November. The cryptocurrency has lost 16% in the past 30 days. Traders are concerned about market leadership as altcoins gain momentum.

Bitcoin’s market share is diminishing as price swings and investor sentiment impact its position. Regulatory uncertainty and trade wars are affecting Bitcoin’s appeal, with institutional investors becoming more cautious. Altcoins are attracting interest, leading to a market shift away from Bitcoin.

Several trends could help Bitcoin regain its dominance, including stronger institutional buying and regulatory clarity. U.S. crypto rules and Bitcoin’s classification as a CFTC commodity could stabilize the market and restore Bitcoin’s leadership position.

Looking ahead to 2026, bullish scenarios see Bitcoin reaching $120,000-$130,000 with institutional money flows and regulatory clarity. A base scenario predicts Bitcoin ranging between $100,000 and $115,000, while a bearish scenario suggests a drop to $90,000-$95,000 amidst regulatory uncertainty and geopolitical tensions.

Read more at Yahoo Finance: Is Bitcoin’s Dominance Slipping as Altcoins Gain Steam?