Bitcoin has reclaimed the $92,000 level after weathering $2 billion in liquidations, as traders and investors increasingly concentrate on major cryptocurrencies. Both BTC dominance and ETH dominance remain elevated, indicating a growing preference for established digital assets during times of economic uncertainty. Compressed basis rates and declining open interest mark the ongoing consolidation in the crypto market. As a result, both institutional and retail participants are moving capital into the most reputable assets, showing limited appetite for leverage
source: https://beincrypto.com/bitcoin-ethereum-dominance-crypto-consolidation/