Ethereum, XRP, Dogecoin, and Other Alts Push Bitcoin's Dominance to Lowest Level Since August 2018

2021-4-22 09:10

Bitcoin's market dominance is on the verge of collapsing below 50 percent origin »

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bitcoin dominance market verge percent below collapsing

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How rising Bitcoin dominance invalidates many crypto assumptions

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