As of December 11, the Bitcoin dominance index is 55%. At the beginning of the year, on the 1st of February 2018, the share of BTC in the cryptocurrency market was equal to 31%.
According to CoinMarketCap, the weighted average rate of the first cryptocurrency is $ 3409. During the day, the price of Bitcoin fell by 3.7%.
If you compare the indicators of Ether to BTC, you will see that in 10 months the coin domination index decreased from 20% to 8%. Bitcoin Cash also showed a drop in this parameter – from 4.7% to 1.6%. Over the same period, Ripple’s market share increased from 8% to 11%.
At the moment, the total capitalization of the cryptocurrency market is $ 108 billion.
Previously analysts A.T. Kearney suggested that by the end of 2019, Bitcoin would regain its former position in terms of market capitalization.
In August, the Bitcoin dominance index for the first time this year exceeded 50%. In September, the BTC market share reached 57%.