Bitcoin dominance hits 43%, alts surging ahead - page 7.

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Here are the latest stats from 18th April 2021.

Total market cap: $1,972,676,585,785 (-3.47%)

Bitcoin: $1,026,683,497,608 (52.045%)
Bitcoin forks: $24,497,647,263 (1.242%)
Stablecoins: $70,213,337,782 (3.559%)
Altcoins: $843,098,634,841 (42.739%)
WBTC: $8,183,468,291 (0.415%)

This is the change compared to my last post:

Bitcoin: -2.454%
Bitcoin forks: +0.219%
Stablecoins: +0.355%
Altcoins: +1.891%
WBTC: -0.012%

Quote from: bryant.coleman on April 11, 2021, 07:31:10 AM

Here are the latest stats from 11th April 2021.

Total market cap: $2,043,616,708,091 (+5.62%)

Bitcoin: $1,113,746,555,942 (54.499%)
Bitcoin forks: $20,894,885,007 (1.022%)
Stablecoins: $65,492,750,088 (3.205%)
Altcoins: $834,763,497,404 (40.847%)
WBTC: $8,719,019,650 (0.427%)

This is the change compared to my last post:

Bitcoin: -2.072%
Bitcoin forks: +0.201%
Stablecoins: -0.044%
Altcoins: +1.914%
WBTC: +0.001%

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Here are the latest stats from 11th April 2021.

Total market cap: $2,043,616,708,091 (+5.62%)

Bitcoin: $1,113,746,555,942 (54.499%)
Bitcoin forks: $20,894,885,007 (1.022%)
Stablecoins: $65,492,750,088 (3.205%)
Altcoins: $834,763,497,404 (40.847%)
WBTC: $8,719,019,650 (0.427%)

This is the change compared to my last post:

Bitcoin: -2.072%
Bitcoin forks: +0.201%
Stablecoins: -0.044%
Altcoins: +1.914%
WBTC: +0.001%

Quote from: bryant.coleman on April 04, 2021, 08:31:12 AM

Here are the latest stats from 4th April 2021.

Total market cap: $1,934,811,929,758 (+5.95%)

Bitcoin: $1,094,537,762,192 (56.571%)
Bitcoin forks: $15,900,057,481 (0.822%)
Stablecoins: $62,855,738,159 (3.249%)
Altcoins: $753,291,640,641 (38.934%)
WBTC: $8,226,731,285 (0.425%)

This is the change compared to my last post:

Bitcoin: -2.549%
Bitcoin forks: +0.031%
Stablecoins: -0.019%
Altcoins: +2.550%
WBTC: -0.013%

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Here are the latest stats from 4th April 2021.

Total market cap: $1,934,811,929,758 (+5.95%)

Bitcoin: $1,094,537,762,192 (56.571%)
Bitcoin forks: $15,900,057,481 (0.822%)
Stablecoins: $62,855,738,159 (3.249%)
Altcoins: $753,291,640,641 (38.934%)
WBTC: $8,226,731,285 (0.425%)

This is the change compared to my last post:

Bitcoin: -2.549%
Bitcoin forks: +0.031%
Stablecoins: -0.019%
Altcoins: +2.550%
WBTC: -0.013%

Quote from: bryant.coleman on March 29, 2021, 02:16:52 PM

Here are the latest stats from 29th March 2021.

Total market cap: $1,826,129,827,410 (+2.87%)

Bitcoin: $1,079,602,308,014 (59.120%)
Bitcoin forks: $14,449,316,639 (0.791%)
Stablecoins: $59,664,630,117 (3.267%)
Altcoins: $664,412,276,586 (36.384%)
WBTC: $8,001,296,054 (0.438%)

This is the change compared to my last post:

Bitcoin: -1.148%
Bitcoin forks: -0.021%
Stablecoins: +0.042%
Altcoins: +1.132%
WBTC: -0.006%

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Here are the latest stats from 29th March 2021.

Total market cap: $1,826,129,827,410 (+2.87%)

Bitcoin: $1,079,602,308,014 (59.120%)
Bitcoin forks: $14,449,316,639 (0.791%)
Stablecoins: $59,664,630,117 (3.267%)
Altcoins: $664,412,276,586 (36.384%)
WBTC: $8,001,296,054 (0.438%)

This is the change compared to my last post:

Bitcoin: -1.148%
Bitcoin forks: -0.021%
Stablecoins: +0.042%
Altcoins: +1.132%
WBTC: -0.006%

Quote from: bryant.coleman on March 21, 2021, 12:39:18 PM

Here are the latest stats from 21st March 2021.

Total market cap: $1,775,121,424,155 (-2.11%)

Bitcoin: $1,069,817,265,339 (60.267%)
Bitcoin forks: $14,422,000,751 (0.812%)
Stablecoins: $57,249,060,833 (3.225%)
Altcoins: $625,755,891,386 (35.251%)
WBTC: $7,877,205,846 (0.444%)

This is the change compared to my last post:

Bitcoin: -1.763%
Bitcoin forks: -0.036%
Stablecoins: +0.193%
Altcoins: +1.606%
WBTC: -0.001%

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Here are the latest stats from 21st March 2021.

Total market cap: $1,775,121,424,155 (-2.11%)

Bitcoin: $1,069,817,265,339 (60.267%)
Bitcoin forks: $14,422,000,751 (0.812%)
Stablecoins: $57,249,060,833 (3.225%)
Altcoins: $625,755,891,386 (35.251%)
WBTC: $7,877,205,846 (0.444%)

This is the change compared to my last post:

Bitcoin: -1.763%
Bitcoin forks: -0.036%
Stablecoins: +0.193%
Altcoins: +1.606%
WBTC: -0.001%

Quote from: bryant.coleman on March 14, 2021, 08:01:11 AM

Here are the latest stats from 14th March 2021.

Total market cap: $1,813,369,785,639 (+16.32%)

Bitcoin: $1,124,832,271,719 (62.030%)
Bitcoin forks: $15,378,377,193 (0.848%)
Stablecoins: $54,987,579,431 (3.032%)
Altcoins: $610,115,354,381 (33.645%)
WBTC: $8,056,202,915 (0.444%)

This is the change compared to my last post:

Bitcoin: +1.525%
Bitcoin forks: -0.026%
Stablecoins: -0.351%
Altcoins: -1.185%
WBTC: +0.038%

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Here are the latest stats from 14th March 2021.

Total market cap: $1,813,369,785,639 (+16.32%)

Bitcoin: $1,124,832,271,719 (62.030%)
Bitcoin forks: $15,378,377,193 (0.848%)
Stablecoins: $54,987,579,431 (3.032%)
Altcoins: $610,115,354,381 (33.645%)
WBTC: $8,056,202,915 (0.444%)

This is the change compared to my last post:

Bitcoin: +1.525%
Bitcoin forks: -0.026%
Stablecoins: -0.351%
Altcoins: -1.185%
WBTC: +0.038%

Quote from: bryant.coleman on March 07, 2021, 07:55:17 AM

Here are the latest stats from 7th March 2021.

Total market cap: $1,558,926,259,863 (+7.55%)

Bitcoin: $943,231,698,448 (60.505%)
Bitcoin forks: $13,630,798,166 (0.874%)
Stablecoins: $52,738,125,483 (3.383%)
Altcoins: $542,984,876,693 (34.831%)
WBTC: $6,340,761,073 (0.407%)

This is the change compared to my last post:

Bitcoin: -0.293%
Bitcoin forks: -0.023%
Stablecoins: -0.117%
Altcoins: +0.431%
WBTC: +0.002%

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Here are the latest stats from 7th March 2021.

Total market cap: $1,558,926,259,863 (+7.55%)

Bitcoin: $943,231,698,448 (60.505%)
Bitcoin forks: $13,630,798,166 (0.874%)
Stablecoins: $52,738,125,483 (3.383%)
Altcoins: $542,984,876,693 (34.831%)
WBTC: $6,340,761,073 (0.407%)

This is the change compared to my last post:

Bitcoin: -0.293%
Bitcoin forks: -0.023%
Stablecoins: -0.117%
Altcoins: +0.431%
WBTC: +0.002%

Quote from: bryant.coleman on March 01, 2021, 05:50:00 AM

Here are the latest stats from 1st March 2021.

Total market cap: $1,449,508,166,074 (-16.64%)

Bitcoin: $881,278,805,015 (60.798%)
Bitcoin forks: $13,002,873,230 (0.897%)
Stablecoins: $50,730,547,831 (3.500%)
Altcoins: $498,629,890,591 (34.400%)
WBTC: $5,866,049,407 (0.405%)

This is the change compared to my last post:

Bitcoin: -0.516%
Bitcoin forks: -0.133%
Stablecoins: +0.738%
Altcoins: -0.088%
WBTC: -0.001%

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Quote from: Botnake on March 01, 2021, 04:46:26 PM

That's exactly what's happening, the rise of the altcoins resulted to the decrease of dominance rate of bitcoin but these altcoins that has significant increase are just maybe 10% of the total number of altcoins in the market, most of them can be seen in the top 100 of the https://coinmarketcap.com/.

There are more than 10,000 different altcoins and tokens (including the dead and the dormant coins). However, out of this many coins, a handful of them are accounting for a large majority of the altcoin market cap. The total market cap of altcoins stand at around $500 billion. Out of that, Ethereum alone accounts for $185 billion. Cardano, BNB and Polkadot together accounts for $100 billion plus. So just four alts are accounting for more than half of the altcoin market cap.

Botnake

hero member

Activity: 2856

Merit: 667

Quote from: Vishnu.Reang on March 01, 2021, 08:32:46 AM

Quote from: freedomgo on March 01, 2021, 05:56:21 AM

That's exactly what you have to do, but be more specific with the altcoins you are holding, make sure you are holding a legit altcoins with good potential in the future, altcoins is a huge market and big numbers of altcoins are scams.

Bitcoin seemed have rebounded today and dominant rate still stays at 60%.

Anything above 50% is good, because that means that all the other 10,000 plus altcoins together have less market cap than Bitcoin. A few months back, we were at 71%, but now it has come to 60%-61%. Altcoin market share has risen by a lot, but this rise was not uniform. The best alts have risen by as much as 30 times. I am talking about coins such as Cardano and BNB. These coins have very good future potential. On the other hand, coins such as XRP and TRX are sliding towards a slow death (check my original post, I had predicted this almost one year back).

That's exactly what's happening, the rise of the altcoins resulted to the decrease of dominance rate of bitcoin but these altcoins that has significant increase are just maybe 10% of the total number of altcoins in the market, most of them can be seen in the top 100 of the https://coinmarketcap.com/.

Vishnu.Reang

sr. member

Activity: 1988

Merit: 453

Quote from: freedomgo on March 01, 2021, 05:56:21 AM

That's exactly what you have to do, but be more specific with the altcoins you are holding, make sure you are holding a legit altcoins with good potential in the future, altcoins is a huge market and big numbers of altcoins are scams.

Bitcoin seemed have rebounded today and dominant rate still stays at 60%.

Anything above 50% is good, because that means that all the other 10,000 plus altcoins together have less market cap than Bitcoin. A few months back, we were at 71%, but now it has come to 60%-61%. Altcoin market share has risen by a lot, but this rise was not uniform. The best alts have risen by as much as 30 times. I am talking about coins such as Cardano and BNB. These coins have very good future potential. On the other hand, coins such as XRP and TRX are sliding towards a slow death (check my original post, I had predicted this almost one year back).

freedomgo

legendary

Activity: 3248

Merit: 1160

Playbet.io - Crypto Casino and Sportsbook

Quote from: Fakhrulenclix on February 16, 2021, 03:31:42 PM

No matter how dominance of Bitcoin, but altcoin season cannot be denied. All coin has their specific time to grow no matter how strong dominance of Bitcoin is. And for me doesn't really affect my life, I just need to continue to hold and buy my Bitcoin and altcoin

That's exactly what you have to do, but be more specific with the altcoins you are holding, make sure you are holding a legit altcoins with good potential in the future, altcoins is a huge market and big numbers of altcoins are scams.

Bitcoin seemed have rebounded today and dominant rate still stays at 60%.

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Here are the latest stats from 1st March 2021.

Total market cap: $1,449,508,166,074 (-16.64%)

Bitcoin: $881,278,805,015 (60.798%)
Bitcoin forks: $13,002,873,230 (0.897%)
Stablecoins: $50,730,547,831 (3.500%)
Altcoins: $498,629,890,591 (34.400%)
WBTC: $5,866,049,407 (0.405%)

This is the change compared to my last post:

Bitcoin: -0.516%
Bitcoin forks: -0.133%
Stablecoins: +0.738%
Altcoins: -0.088%
WBTC: -0.001%

Quote from: bryant.coleman on February 21, 2021, 08:31:10 AM

Here are the latest stats from 21st February 2021.

Total market cap: $1,738,938,140,650 (+16.61%)

Bitcoin: $1,066,214,278,455 (61.314%)
Bitcoin forks: $17,911,815,041 (1.030%)
Stablecoins: $48,019,574,267 (2.761%)
Altcoins: $599,729,803,325 (34.488%)
WBTC: $7,062,669,562 (0.406%)

This is the change compared to my last post:

Bitcoin: +0.282%
Bitcoin forks: -0.212%
Stablecoins: -0.249%
Altcoins: +0.190%
WBTC: -0.011%

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Here are the latest stats from 21st February 2021.

Total market cap: $1,738,938,140,650 (+16.61%)

Bitcoin: $1,066,214,278,455 (61.314%)
Bitcoin forks: $17,911,815,041 (1.030%)
Stablecoins: $48,019,574,267 (2.761%)
Altcoins: $599,729,803,325 (34.488%)
WBTC: $7,062,669,562 (0.406%)

This is the change compared to my last post:

Bitcoin: +0.282%
Bitcoin forks: -0.212%
Stablecoins: -0.249%
Altcoins: +0.190%
WBTC: -0.011%

Quote from: bryant.coleman on February 16, 2021, 06:28:07 AM

Here are the latest stats from 16th February 2021.

Total market cap: $1,491,179,960,013 (+26.31%)

Bitcoin: $910,092,396,366 (61.032%)
Bitcoin forks: $18,522,579,182 (1.242%)
Stablecoins: $44,892,828,486 (3.011%)
Altcoins: $511,446,152,591 (34.298%)
WBTC: $6,226,003,388 (0.418%)

This is the change compared to my last post:

Bitcoin: -0.042%
Bitcoin forks: +0.203%
Stablecoins: -0.303%
Altcoins: +0.124%
WBTC: +0.018%

Fakhrulenclix

sr. member

Activity: 1638

Merit: 339

No matter how dominance of Bitcoin, but altcoin season cannot be denied. All coin has their specific time to grow no matter how strong dominance of Bitcoin is. And for me doesn't really affect my life, I just need to continue to hold and buy my Bitcoin and altcoin

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Here are the latest stats from 16th February 2021.

Total market cap: $1,491,179,960,013 (+26.31%)

Bitcoin: $910,092,396,366 (61.032%)
Bitcoin forks: $18,522,579,182 (1.242%)
Stablecoins: $44,892,828,486 (3.011%)
Altcoins: $511,446,152,591 (34.298%)
WBTC: $6,226,003,388 (0.418%)

This is the change compared to my last post:

Bitcoin: -0.042%
Bitcoin forks: +0.203%
Stablecoins: -0.303%
Altcoins: +0.124%
WBTC: +0.018%

Quote from: bryant.coleman on February 07, 2021, 08:01:18 AM

Here are the latest stats from 7th February 2021.

Total market cap: $1,180,542,632,001 (+15.98%)

Bitcoin: $720,992,801,642 (61.073%)
Bitcoin forks: $12,269,666,921 (1.039%)
Stablecoins: $39,121,655,293 (3.314%)
Altcoins: $403,435,216,193 (34.174%)
WBTC: $4,717,694,820 (0.400%)

This is the change compared to my last post:

Bitcoin: -1.039%
Bitcoin forks: -0.102%
Stablecoins: -0.298%
Altcoins: +1.428%
WBTC: +0.012%

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Here are the latest stats from 7th February 2021.

Total market cap: $1,180,542,632,001 (+15.98%)

Bitcoin: $720,992,801,642 (61.073%)
Bitcoin forks: $12,269,666,921 (1.039%)
Stablecoins: $39,121,655,293 (3.314%)
Altcoins: $403,435,216,193 (34.174%)
WBTC: $4,717,694,820 (0.400%)

This is the change compared to my last post:

Bitcoin: -1.039%
Bitcoin forks: -0.102%
Stablecoins: -0.298%
Altcoins: +1.428%
WBTC: +0.012%

Quote from: bryant.coleman on February 01, 2021, 07:52:32 AM

Here are the latest stats from 1st February 2021.

Total market cap: $1,017,926,021,984 (+6.13%)

Bitcoin: $632,262,676,006 (62.113%)
Bitcoin forks: $11,622,485,185 (1.142%)
Stablecoins: $36,761,487,313 (3.611%)
Altcoins: $333,330,349,944 (32.746%)
WBTC: $3,949,023,536 (0.388%)

This is the change compared to my last post:

Bitcoin: -1.187%
Bitcoin forks: -0.085%
Stablecoins: +0.056%
Altcoins: +1.211%
WBTC: +0.004%

Vishnu.Reang

sr. member

Activity: 1988

Merit: 453

I had to edit the title. The last time when I edited it, Bitcoin dominance was 69%. Now it stands at 62.5%. Not very surprised, as XRP had a big recovery during this period. Also some of the new coins such as WallStreetBets are now listed in CMC.

Quote from: LUCKMCFLY on February 01, 2021, 08:33:10 AM

When you take the stock market method there is a point that you do not have or that you have not taken into account, there the volume is consolidated, in Bitcoin and the cryptocurrency market does not, no Exchange has the consolidated volume, Coinmarketcap takes the volume of Certain Exchanges, not all of them, some Korean Exchanges are missing and some Exchanges that have a regular volume, I think that there would be some data missing to be exact.

I never give much attention to trade volumes given in the CMC website. There are thousands of mainstream exchanges out there and it is impossible to accurately measure the volume from each of them. Then there are DEX sites and P2P platforms, which never reveal their volumes. On top of that, there are marketplaces in various forums (including Bitcointalk), where people regularly trade with their cryptocurrency.

As far as I am concerned, the only parameter which I can trust is the transaction volume that is provided by Blockchain.com

https://www.blockchain.com/charts/estimated-transaction-volume

Ziskinberg

hero member

Activity: 3010

Merit: 666

Quote from: LUCKMCFLY on February 01, 2021, 08:33:10 AM

When you take the stock market method there is a point that you do not have or that you have not taken into account, there the volume is consolidated, in Bitcoin and the cryptocurrency market does not, no Exchange has the consolidated volume, Coinmarketcap takes the volume of Certain Exchanges, not all of them, some Korean Exchanges are missing and some Exchanges that have a regular volume, I think that there would be some data missing to be exact.

Not only the centralized exchanges, the CMC does not account OTC (over the counter trading) which also has millions of transactions in a daily basis.

https://www.finextra.com/blogposting/16628/otc-crypto-market---at-a-glance

Quote

OTC market size
In April 2018, Bloomberg reported that the daily OTC market was anywhere between $250 million and $30 billion per day. This is compared to around $15 billion per day on crypto exchanges.

Since only CEX can be track, we still have to be thankful we have a data to follow and CMC is getting that to us for free.

LUCKMCFLY

legendary

Activity: 2590

Merit: 1882

Leading Crypto Sports Betting & Casino Platform

When you take the stock market method there is a point that you do not have or that you have not taken into account, there the volume is consolidated, in Bitcoin and the cryptocurrency market does not, no Exchange has the consolidated volume, Coinmarketcap takes the volume of Certain Exchanges, not all of them, some Korean Exchanges are missing and some Exchanges that have a regular volume, I think that there would be some data missing to be exact.

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Here are the latest stats from 1st February 2021.

Total market cap: $1,017,926,021,984 (+6.13%)

Bitcoin: $632,262,676,006 (62.113%)
Bitcoin forks: $11,622,485,185 (1.142%)
Stablecoins: $36,761,487,313 (3.611%)
Altcoins: $333,330,349,944 (32.746%)
WBTC: $3,949,023,536 (0.388%)

This is the change compared to my last post:

Bitcoin: -1.187%
Bitcoin forks: -0.085%
Stablecoins: +0.056%
Altcoins: +1.211%
WBTC: +0.004%

Quote from: bryant.coleman on January 24, 2021, 07:01:24 AM

Here are the latest stats, as of 24th January 2021.

Total market cap: $959,141,293,250 (-4.42%)

Bitcoin: $607,130,858,346 (63.299%)
Bitcoin forks: $11,761,804,293 (1.226%)
Stablecoins: $34,100,598,007 (3.555%)
Altcoins: $302,462,641,325 (31.535%)
WBTC: $3,685,391,279 (0.384%)

This is the change compared to my last post:

Bitcoin: -5.959%
Bitcoin forks: -0.104%
Stablecoins: +0.355%
Altcoins: +5.755%
WBTC: -0.047%

Topic: Bitcoin dominance hits 43%, alts surging ahead - page 7. (Read 7929 times)