Glassnode: This bull market is still driven by Bitcoin, with ETH and altcoins having lower market share than their peak

According to BlockBeats, on May 15th, Glassnode released data analysis stating that BTC's market share reached 64.4% on May 8th. Since then, ETH's market share has increased to 9.75% (+3%), while altcoins have decreased to 22.35% (+2%) and stablecoins have dropped to 6.3%. Despite the shift, ETH and altcoins are still below their peak by 18% and 28.5%, and this bull market is still a BTC driven cycle.