Bitcoin has reached a new all-time high (ATH) of $96,000, driving its market dominance to 61.5%, the highest level since March 2021. This surge in dominance indicates a growing preference among investors for Bitcoin over alternative cryptocurrencies (altcoins). Additionally, Bitcoin's price increase has correlated with a rise in its dominance, which was noted at 57% earlier in the day as it surpassed the $90,000 mark. Meanwhile, Bitcoin Cash has also seen a notable increase, gaining 10% and surpassing a market capitalization of $10 billion, although its momentum remains moderate with an Average Directional Index (ADX) of 19.31 and a Relative Strength Index (RSI) of 64.5.