According to Golden Finance, Intotheblock data shows that Bitcoin's market dominance has increased by 6% year-to-date. Ethereum has increased by 0.2% year-to-date, while Bitcoin has risen by approximately 43% in the same period.

Additionally, the total market capitalization of stablecoins has increased its market share at the expense of Ethereum, growing from 7% to 10% of the total market cap of BTC, ETH, and stablecoins. USDT's market cap reached a record high of $118 billion, which is also the main driver behind stablecoins taking market share from ETH over the past six months.