Bitcoin holds above key moving averages as dominance tops 60%, 10x Research says
May 3, 2026
< 1 min read
by Randa Moses
for CryptoPolitan

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AI Overview
Bitcoin is trading above its 7-day and 30-day moving averages, showing short-term bullish momentum with a weekly gain of 1.1%. Bitcoin dominance has risen above 60%, concentrating crypto market cap in BTC and likely pressuring altcoins and DeFi activity across DEXs/CEXs.
Bullish
Bitcoin is still bullish above its 7-day and 30-day moving averages, and its dominance is over 60% after a 1.1% weekly gain.
