Bitcoin Dominance Nears 70% For the First Time Since December 2017

2019-8-6 15:00

The bitcoin dominance rate on Tuesday inched towards 70 percent for the first time since December 2017. At circa $217. 91 billion, bitcoin’s market capitalization now covers 69. 93 percent of the total cryptocurrency market.

At its lowest, the world’s leading cryptocurrency was covering only 36. 68 percent of the overall market in January 2018. Bitcoin’s dominance dropped. . .

The post Bitcoin Dominance Nears 70% For the First Time Since December 2017 appeared first on NewsBTC.

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bitcoin dominance 2017 market december percent time

Источник: newsbtc.com

bitcoin dominance → Результатов: 126


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Key Takeaways Bitcoin dominance has risen above 50%, having started the year at 42% Traditionally, dominance falls while market prices are rising in the sector, marking the year 2023 out as unusual  This hammers home how Bitcoin is still finding its feet, and why prudence needs to be taken when extrapolating past performance to the […] The post How rising Bitcoin dominance invalidates many crypto assumptions appeared first on CoinJournal.

2023-8-11 14:50


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Here’s Why the Bitcoin Dominance Index Based on Market Capitalization Might Not Mean Much

Data from CoinMarketCap shows Bitcoin dominance below 70 percent but in reality, the number could be a lot higher. Unlimited Altcoin Token Supply Makes Market Cap a Meaningless Metric In a report by BTSE Academy, a free Bitcoin learning platform, there are better ways to get Bitcoin’s dominance apart from using the popular market capRead MoreRead More.

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