SwissOne Capital, a financial company, has predicted that potential rate cuts by the Federal Reserve could restrict the growth of Bitcoin's market dominance.
Bitcoin's dominance rate has witnessed an uptick; however, it still falls short of reaching its historical high. This situation could have implications for Bitcoin's role in the broader cryptocurrency market.
The insights are being shared at a time when Bitcoin's performance is closely tied to global financial developments, including policy changes by major financial institutions like the Fed.
