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Bitcoin dominance falls under 40%


While Bitcoin critics claim this means that BTC is losing its first-mover competitive advantage, others are anticipating the “altcoin season” is just around the corner, or might even be already underway

Study Shows Market Share of Altcoins Surged Threefold Since 2014


This week, bitcoin’s market dominance among the market capitalization of all 12,046 crypto assets in existence has been hovering above 38%, while ethereum’s overall valuation commands 19% dominance. A report published on Monday shows that since 2014, the market share of altcoins...

Bitcoin Dominance Slides Below 40% for First Time in 6 Months


During the last week, the price of bitcoin has been hovering below the $60K range and digital currency advocates are wondering which way the market is headed next. At the time of writing, the crypto economy is valued at $2.81 trillion and bitcoin’s market dominance has sunk below the...

Total Crypto Market Cap Nears All-Time High, Bitcoin Dominance Slips


The total crypto market capitalization crossed the USD 2.5trn mark today, and is for the first time since May short distance away from its all-time high of USD 2.57trn reached that same month. Meanwhile, bitcoin (BTC) dominance is lower today than when the coin's price peaked in mid-April. The...

JPMorgan Predicts When Bitcoin Bear Market Will Be Over


Global investment bank JPMorgan has predicted that the bitcoin price slump will likely be over when the cryptocurrency’s dominance rises back above 50%. “I think that’s another indicator to watch here in terms of whether this bear phase is over or not,” the firm’s...

Bitcoin Dominance Rises Again As Funds Are Buying The Dip


Bitcoin (BTC) is seeing some notable light in a bearish tunnel as the new week began: it's dominance is up around 17% in the midst of a selloff, while it's also among those coins that fell the least in the past 7 days and from their all-time highs (ATHs). At 7:25 UTC, BTC is trading at 36,461...

Bitcoin Dominance Declines as ETH Breaks All Records


On May 2, 2021, the cryptocurrency that ranked just next to Bitcoin in terms of market capital, Ether, had broken all records and made the headlines as it overcame the target of three thousand dollars and made it to the top of the competition. It must not come as a surprise, given that Bitcoin...

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