Bitcoin dominance index close to the highs of 2018

Home » BITCOIN » Bitcoin dominance index close to the highs of 2018
Bitcoin dominance index close to the highs of 2018

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%.

Tags:, ,
  • bitcoinBitcoin$4,991.05
  • ethereumEthereum$162.75
  • rippleXRP$0.322692
  • tetherTether$1.00
  • eosEOS$5.24
  • stellarStellar$0.112657
  • litecoinLitecoin$77.27
  • cardanoCardano$0.080520
  • tronTRON$0.025844
  • moneroMonero$66.50
  • iotaIOTA$0.310598
  • nemNEM$0.063154
  • dashDash$118.75
  • neoNEO$10.87
What is Cryptocurrency? How to Use, the Future of Crypto, the History of Bitcoin
Cryptocurrency market is actively developing and expanding. This relatively new industry is causing a lot of questions and attracting a huge number of investors, businessmen and ordinary people. “What is the future of cryptocurrency?”, “How to choose cryptocurrency exchange?”, “How to sell Bitcoins?” “What about cryptocurrency mining”? Millions of people read cryptocurrency news everyday and […]
2019-04-08 0 48
What is Bitcoin?
The cryptocurrency industry is becoming more and more popular all around the world. Despite the fact that there are more than 1000 different cryptocurrencies and the number keeps growing, cryptocurrency is often associated with Bitcoin. Bitcoin is the first modern cryptocurrency in the world; it attracts thousands of users and investors from different countries. Millions […]
2019-03-20 0 46
Bitcoin, Ethereum, Ripple, Monero, Dash, Tron: major differences and features
Investors see different names of cryptocurrencies and the movement of their courses, but typically don’t even know why the digital coins are so popular. Most of us have already Googled “How to buy Bitcoin” or “How to sell Ethereum”. Cryptocurencies are becoming more and more popular: Bitcoin price is fluctuating and its value is not […]
2019-03-19 0 45
What is Blockchain?
“Giving users easy access to many different kinds of digital assets on the blockchain and, particularly, tokens that are linked to assets in the real world, is crucial to seeing blockchain adoption reach the next level, and I applaud Digix Global’s initiative in being the first of many such projects to successfully launch” – Vitalik […]
2019-03-06 0 43
© 2017–2018