Over the last 100 days or roughly three months, bitcoin’s market dominance among 21,958 different crypto assets worth roughly $850 billion has been under 40%. Bitcoin dominance has been under 40% since Aug. 27, 2022, with a brief instance of rising above the 40% range 52 days ago, on Oct. 15.
Bitcoin’s Market Superiority Lost 41% in 35 Months
Bitcoin’s market capitalization has been above the $325 billion region since Nov. 29, 2022. At the time of writing, bitcoin’s (BTC) overall market valuation is around $328 billion, which represents around 38.3% of the crypto economy’s entire $856,947,917,107 market cap.
The second leading crypto asset, ethereum (ETH), on the other hand, has a market cap today of around $155.38 billion or 18.1% of the aggregate $856 billion. In the early days, BTC’s market supremacy was above the 90% region from when it first gained value in 2010, all the way up until the second week of Nov. 2014.
Crypto market dominance, among the thousands of digital
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