# Bitcoin Dominance Increases as BTC Surpasses $64K BTC hits weekly high while altcoins lag behind in market performance. - **Source:** [CryptoPotato](https://brifing.si/source/bd22636b-ec8d-42a8-8cca-1937c50e0f6c) - **Published:** 2026-08-18 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/1479518c-aedc-49d2-8c64-30024e5f0a94 ## Bitcoin's Rally Bitcoin continued its modest rally this morning, reaching $64,500, its highest level in over a week. With daily performance outpacing most altcoins, BTC gradually increased its dominance. Nearing a market cap of $1.290 trillion, Bitcoin solidified its leading position in the crypto market. ## Challenging Week Bitcoin started the previous business week poorly, dropping from above $65,000 to below $64,000. Two recovery attempts were halted at $64,400. On Friday, it plunged to $62,500, marking a 10-day low. After this decline, BTC rebounded but faced resistance at $63,000. ## Weekend Stagnation The weekend was extremely stagnant for Bitcoin, trading in a tight range around $63,000. On Monday, it dipped to $62,650 but later recovered. By evening, it reached $63,600 and hit a weekly high of $64,550 this morning, testing key resistance levels. ## Altcoins Lag Behind Most altcoins failed to make significant moves in the past 24 hours. ETH remains below $1,900, while XRP struggles to maintain the $1.00 support. SOL, TRX, HYPE, and LINK saw minor gains, while CC dropped over 4%. XLM fell by 3%, and RAIN, XMR, ZEC, and DOGE also saw slight declines. ## Market Overview The total crypto market cap added $20 billion in 24 hours, reaching $2.260 trillion. Bitcoin's dominance rose by 0.5% to 57.2%. VVV (17%) and HASH (11%) were the top gainers. While Bitcoin shows strength, altcoins continue to underperform, reflecting shifting investor sentiment. ## Technical Analysis Bitcoin's test of the $64,550 resistance level marks a key point from last Monday's drop. Currently trading above $64,000, BTC aims to hold this level as support. Weak altcoin performance drives investors toward Bitcoin, with rising dominance indicating stronger confidence in BTC as the market leader. ## Investor Behavior Bitcoin's rally suggests increasing risk appetite among investors. Movement above $64,000 signals buyer control. Altcoin stagnation reflects a shift toward Bitcoin as a safer haven. Rising liquidity in the market indicates potential for continued recovery, with institutional interest growing. ## Outlook Bitcoin holding above $64,000 could signal continuation of the uptrend. If dominance keeps increasing, altcoins may face tougher conditions. Optimism in global markets and institutional interest might help BTC break through current resistance levels in the coming days. ## Sources covering this story - https://cryptopotato.com/bitcoin-dominance-rises-as-btc-hits-a-weekly-high-above-64k-market-watch/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._