bitcoin
Bitcoin (BTC) $ 22,997.16
ethereum
Ethereum (ETH) $ 1,645.84
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 328.98
usd-coin
USD Coin (USDC) $ 1.00
xrp
XRP (XRP) $ 0.402592
binance-usd
Binance USD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.091969
cardano
Cardano (ADA) $ 0.3923
solana
Solana (SOL) $ 23.31
matic-network
Polygon (MATIC) $ 1.23
polkadot
Polkadot (DOT) $ 6.63
tron
TRON (TRX) $ 0.063908
bitcoin
Bitcoin (BTC) $ 22,997.16
ethereum
Ethereum (ETH) $ 1,645.84
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 328.98
usd-coin
USD Coin (USDC) $ 1.00
xrp
XRP (XRP) $ 0.402592
binance-usd
Binance USD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.091969
cardano
Cardano (ADA) $ 0.3923
solana
Solana (SOL) $ 23.31
matic-network
Polygon (MATIC) $ 1.23
polkadot
Polkadot (DOT) $ 6.63
tron
TRON (TRX) $ 0.063908
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HomeCoinsBitcoinBTC market dominance exceeds 40% after 6 months

BTC market dominance exceeds 40% after 6 months

Glassnode information analyzed by CryptoSlate signifies that Bitcoin’s (BTC) market dominance exceeded 40% for the primary time since July 2022.

BTC market dominance
BTC market dominance

The chart above represents the BTC market dominance since October 2020 with the orange line. The BTC dominance was as excessive as 70% in the beginning of 2021. Nonetheless, this proportion retreated to simply above 40% in January 2022, solely declining additional throughout the 12 months’s first half.

Apart from a brief spike the place BTC dominance reached 48% in late June, the dominance fee was lingering under 40%.

The put up BTC market dominance exceeds 40% after 6 months appeared first on CryptoSlate.

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