While Bitcoin may be far off its December 2017 high of nearly $20,000, it is showing that it is the dominant cryptocurrency with its market share equalling the 47.6 percent seen back then.
This makes Bitcoin’s market dominance the highest it has been all year, despite a price drop that has seen it fall below $7,000. However, following reaching this level in 2017, Bitcoin’s dominance fell to around 33 percent as altcoins became popular.
In fact, Bitcoin’s lowest ever dominance came in January of this year as the attention shifted to other coins. But this latest surge in dominance shows that Bitcoin is still at the top of many’s lists despite low prices.
See more - https://cryptocomes.com/bitcoins-market-share-dominance-matches-december-2017-high
Topic: [2018-08-07] Bitcoin’s Market Share Dominance Matches December 2017 High (Read 104 times)
August 08, 2018, 04:10:31 AM
Jump to: