Key Bitcoin Metric Barrels to Highest Level Since December 2017

2019-5-11 22:30

By CCN: As the bitcoin price bounded to a new 2019 high on Friday, a key market metric quietly surged to its highest level since December 2017 when the bitcoin price peaked at an all-time high just under $20,000.

Bitcoin Market Share Explodes to 17-Month High That metric, “Bitcoin Dominance,” measures what percentage of the overall cryptocurrency market cap belongs to bitcoin. According to CoinMarketCap, Bitcoin Dominance jumped to 58. 4% on Friday as the flagship cryptocurrency smashed through resistance to set a new six-month high at $6,425 on Bitstamp. Bitcoin currently boasts a $113. 4 billion market cap, compared to a combined $80. 8 billion split

The post Key Bitcoin Metric Barrels to Highest Level Since December 2017 appeared first on CCN

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Источник: ccn.com

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