Bitcoin dominance plummeting
Since the beginning of this year the bitcoin market cap dominance has plummeted like never before. This year will be remembered forever. It is now near 40% and will very soon be below this.
Since the beginning of this year the bitcoin market cap dominance has plummeted like never before. This year will be remembered forever. It is now near 40% and will very soon be below this.
Nooooo way, how low do you think?
I think this trend is inevitable, there are so many altcoins better than bitcoin nowadays.
Yeah but Bitcoin is used through most transactions which means it will be needed for a lot more than you may see
The market cap of Bitcoin hasn't really decreased in dollar value yet so it still makes sense to hold bitcoin. There's a whole lot more money entering this cryptocurrency market causing all the other coins to increase their market caps. However I think Ethereum will take the top spot soon enough. Interesting to see it represented in this graph, cheers.