Main notes
- Bitcoin dominance jumped to 64.89 %, which represents the highest level in four years.
- The strong American job data from the United States has been late for price cuts, with major repercussions on BTC.
- The market concentration has turned into bitcoin amid sustainable institutional flows.
The current market data shows that bitcoin dominance in the digital asset market has reached its highest level in four years. This increase comes at a time when job data in the United States gave the latest reason to reassess their economic expectations, affecting the capabilities of Bitcoin.
American job data exceeds expectations
according to Modern reportsThe US Department of Labor stated that non -agricultural salary statements rose by 177,000 in April. Although this number was less than the 228,000 march, it still overcomes only 133,000 market expectations. The unemployment rate remained fixed at 4.2 %, in line with predictions.
The stronger job data expected to fears that the Federal Reserve may delay and reconsider any potential price cuts. The update indicates that many investors were hoping that weaker employment numbers would lead to low interest rates. Low rates generally support risk investments, such as Bitcoin, where liquidity flows to the market.
However, this new data indicates that the labor market is still strong enough so that the price cuts are not necessary any time soon. This can convert market morale away from the most dangerous assets.
The effects of bitcoin are complex. With the possibility of high interest rates and stronger American dollars, investors are inhibited by investing in the most dangerous assets such as bitcoin.
The digital asset market is waiting for the next step for the Federal Reserve to understand how these new economic conditions respond.
Bitcoin continues to control the market concentration transformations
In addition to updating job data, Bitcoin has witnessed its hegemony in the public cryptocurrency market in the height. As of May 2, 2025, the Bitcoin market dominated 64.89 %, the highest level since January 2021.
Based on general awareness, this shows an increasing preference for Bitcoin as a safer option amid economic uncertainty. Coinmarketca data shows that Bitcoin price was trading at 97,026.39 dollars, with a marginal increase by 97,469.2 dollars in 24 hours.
It is necessary to add that the increase in bitcoin dominance is largely due to institutional flows. Companies such as metaplanet have increased significantly Bitcoin’s possessions in the past few months.
The Japanese company raised $ 25 million through bond sales. The company plans to use funds to increase Bitcoin’s goals and its goals for 100,000 BTC by 2025.
Bitcoin has also seen an increase in its interest as some investors are transmitted from traditional assets such as US Treasury bonds. This shift helped to enhance its location in the market at the Altcoins account.
As for the context, the PRIME Two Etherum investment company decreased after six years and fully focused on Bitcoin. The company announced that it will focus exclusively on Bitcoin (BTC) amid an increase in upward feelings and institutional flows in the largest digital currency in the world.
Some market monitors believe that fixed bitcoin records and extremist records make them a safer choice for those looking for long -term value. With global markets continuing challenges, Bitcoin’s steadfast performance on the radar remains for many investors.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Benjamin Jodfrey is a blockchain lover and journalist who enjoys writing about the real life applications of Blockchain technology and innovations to pay public acceptance and complementarity all over the world for emerging technology. His desire to educate people about encrypted currencies inspire his contributions to the media and famous sites in Blockchain.
The post Bitcoin Dominance Hits 4-Year High on U.S. Jobs Shift first appeared on Investorempires.com.
