The dominance of Ethereum has fluctuated throughout the year, reaching a peak before the launch of Ethereum spot ETFs but steadily declining since then. Bitcoin, on the other hand, has seen steady growth in the market and currently has a dominance of 58.71%. Altcoins and Ethereum have experienced YTD growth but have been outperformed by Bitcoin. The launch of Ethereum ETFs has not had a significant impact on the price of Ethereum, leading traders to lose confidence in its potential. Experts predict that market sentiment could favor Ethereum in 2025, offering hope for a revival.



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