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

Additionally, the total market capitalization of stablecoins has increased its market share at the expense of Ethereum, rising from 7% to 10% of the total market cap of BTC, ETH, and stablecoins. USDT's market cap has reached a new all-time high of $118 billion, which has been the main driver of stablecoins taking market share from ETH over the past six months.