Fidelity Digital Assets, a subsidiary of global asset manager Fidelity, released a report evaluating that Bitcoin is playing a central role and driving the stabilization of the cryptocurrency market. According to CoinDesk, Fidelity Digital Assets stated, "Although the cryptocurrency market has recently entered a correction phase, improvements in key indicators such as unrealized profits, momentum, and network usage have been observed. This is a sign that the market is stabilizing," adding, "Bitcoin continues to play a central role in the overall market recovery. Bitcoin dominance (market capitalization share), which showed a downward trend throughout the second half of last year, is also expected to gradually reverse to an upward trend."
