Crypto Market In The Red Despite Bitcoin Transaction Fees Dropping, Dominance Rising

in crypto-market •  7 years ago 

It is around 39.4 percent of today's monthly high level, which is recently with sharp decline in bitcoin transaction fees. This is part of the total market cap for all cryptocurrencies in terms of Bitcoin dominance or BTC's market capitalization. This is in red with all the top 30 coins on Coinmarketcap.


website https://cointelegraph.com/

This crypto market is watching a composite slump from Wednesday on the 21st of February. However, there has been an increase in bitcoin dominance and decrease in bitcoin transaction fees. Its shape is falling on average despite weakening of 66% in the early months of December; BTC had market dominance of 86% a year ago.

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Hope soon Bitcoin will again get the high % dominance as day by day Bitcoin popularity and value is in increasing trend price surges will remain in the journey towards moon.