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.
Bitcoin dominance plummeting
8 years ago by discernente (76)
Nooooo way, how low do you think?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think this trend is inevitable, there are so many altcoins better than bitcoin nowadays.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yeah but Bitcoin is used through most transactions which means it will be needed for a lot more than you may see
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
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.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit