Bitcoin (BTC) Crypto Market Cap Dominance Hits 51%, Highest in 2018

2018-8-12 23:11

For the first time since December 19th 2017, the market dominance of Bitcoin has crossed 50%.

Since the early weeks in May, Bitcoin has begun to control a more significant share of the cryptocurrency market. This control is measured based on the percentage of BTC’s market capitalization to the total market cap of the over 1,600 virtual coins in existence.

After peaking at 45 percent in late March, the Bitcoin market dominance slipped to 36 percent in the first week of May. Since then, BTC’s market share has consistently climbed upwards.

The above chart shows bitcoin's dominance rate has been on a steady incline over the past few months, currently representing a 14 percent increase from May 1st. In the same time period the market dominance of all other cryptocurrencies have largely been on the decline.

Bitcoin's "market dominance" (which is a silly & easily manipulable metric) is going back up because Bitcoin is the worst cryptocurrency except for all the others.

— Jameson Lopp (@lopp) August 11, 2018

One major contributing factor to BTC regaining a significant market share is based on the struggles of the altcoin market. 2018 began with the devastating Coincheck hack which resulted in the theft of half a billion dollars’ worth of NEM tokens. Notable altcoins like Ethereum, XRP, and Bitcoin Cash have also suffered stagnation in 2018.

It can clearly be seen that Bitcoin’s highest market dominance in over a year has been close to 70% when Bitcoin along with most cryptocurrencies were on the biggest bull run the crypto market has seen.

However, the correlation between market dominance and coin price has been ambiguous and speculative at best. CNBC pointed out that bitcoin’s current dominance percent is similar to that of 2017, just before BTC reached its all-time high of about USD$19,780.

origin »

Bitcoin (BTC) на Currencies.ru

$ 89860.81 (+0.00%)
Объем 24H $57.07b
Изменеия 24h: -1.71 %, 7d: 3.40 %
Cегодня L: $89860.81 - H: $91336.29
Капитализация $1793.588b Rank 1
Цена в час новости $ 6417.79 (1300.18%)

market bitcoin btc control cap dominance cryptocurrency

Источник: bitcoinexchangeguide.com

market bitcoin → Результатов: 126


Фото:

Bitcoin and S&P 500 Enter Late Bull Phase – Markets Stay Risk-On Ahead Of Q4 Earnings

Bitcoin continues to struggle to break decisively above the $110,000 mark following the October 10 market crash, as volatility and uncertainty dominate sentiment. The market now stands at a critical crossroads — one that could define whether the next phase brings a deep correction or sets the stage for a massive recovery. Related Reading: Tether […]

2025-10-24 05:00


Bitcoin, Cardano, XRP Among Biggest Winners as Market Rebounds – Next Big Players in the Market?

After a $20,000 loss in its price between February 21st and 28th, Bitcoin (BTC) managed to recover yesterday, soaring beyond the $94,000 mark. Led by Bitcoin’s example, numerous altcoins also The post Bitcoin, Cardano, XRP Among Biggest Winners as Market Rebounds – Next Big Players in the Market? appeared first on CryptoNinjas.

2025-3-3 19:23


Фото:

Margin Of Safety Indicates Bitcoin Undervaluation Below $90K Amid Prevailing Market Pessimism

Bitcoin showed unpredictable price action yesterday, plummeting to a low of $89,100 before staging a rapid recovery to reclaim the $96,000 mark. This sharp move is often seen as a liquidity sweep orchestrated by market makers to clear out leveraged positions, a tactic that fuels short-term volatility but strengthens the market’s long-term structure. Related Reading: […]

2025-1-15 11:30


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Why Vitalik’s 'gas futures market' idea has split experts

Ethereum Co-Founder Vitalik Buterin has responded to rising concerns about the uncertainty of the chain’s scaling roadmap and its impact on future gas (transaction) prices.  His proposal? Have aThe post Why Vitalik’s 'gas futures market' idea has split experts appeared first on AMBCrypto.

Zcash jumps 16% yet liquidity warns caution – Can ZEC break $385?

Zcash’s bullish sentiment improved as the broader market rebounded and buyers extended the recent breakout attempt. Strong intraday momentum and a rise in long-side positioning added pressure to theThe post Zcash jumps 16% yet liquidity warns caution – Can ZEC break $385? appeared first on AMBCrypto.

Bitcoin and Ethereum cleared as collateral under new CFTC program

The Commodity Futures Trading Commission [CFTC] has launched a pilot program that allows digital assets—including Bitcoin, Ethereum, and USDC—to be used as collateral in regulated derivatives markThe post Bitcoin and Ethereum cleared as collateral under new CFTC program appeared first on AMBCrypto.

Double Zero climbs 10% after 25% drop - 2Z’s turnaround begins?

Double Zero, the infrastructure blockchain, could be witnessing a turnaround after a month-long decline that saw its value drop by 25%. Recent data showed that its performance has been growing steadiThe post Double Zero climbs 10% after 25% drop - 2Z’s turnaround begins? appeared first on AMBCrypto.

XRP stays resilient despite 510mln sell-off – Why THIS zone matters now

XRP had a tense week as whales offloaded 510 million tokens, triggering intense debate over whether the market could absorb the sudden supply shock.  Over several sessions, whales keep trimming poThe post XRP stays resilient despite 510mln sell-off – Why THIS zone matters now appeared first on AMBCrypto.