The Bitcoin Dominance Index has updated a maximum of 2018.

Home » BITCOIN » The Bitcoin Dominance Index has updated a maximum of 2018.
The Bitcoin Dominance Index has updated a maximum of 2018.
2018-09-12 in BITCOIN

Against the backdrop of a protracted recession, the bitcoin share in the crypto-currency market is gradually increasing. According to CoinMarketCap, at present, the bitcoin dominance index is 56.3%, which is the highest value in the current year:

In other words, now bitcoin is many times more popular than younger, but volatile and somewhat less liquid coins. In particular, the capitalization of BTC ($ 108.9 billion) is 5.6 times the total market value of Ethereum ($ 19.4 billion) and more than 10 times – Bitcoin Cash ($ 8 billion).

The chart above also indicates that the share of low liquid altcoins, which are mainly outside the top twenty of CoinMarketCap, is 18.86%. From all this it follows that as the business activity in the market recedes, the crypto investors prefer to remain cautious, preferring “digital gold” and somewhat less often – highly liquid altcoins, often leaving behind less capitulated assets.

Also note that the top ten CoinMarketCap tightly mired in the “red zone”:

It is noteworthy that, against the backdrop of a protracted “bear market”, Tether (USDT) capitalization is growing, and this stable coin is relatively high.

Recall, a month ago, the total market capitalization of the crypto currencies fell to November values. There has been no significant revival since, and now the total value of the crypto currency on the market is $ 193.6 billion.

CRYPTOCURRENCIES
  • bitcoinBitcoin$3,910.97
  • ethereumEthereum$143.65
  • rippleXRP$0.320067
  • tetherTether$1.00
  • eosEOS$3.51
  • stellarStellar$0.088827
  • litecoinLitecoin$47.20
  • cardanoCardano$0.045311
  • tronTRON$0.024727
  • moneroMonero$50.81
  • iotaIOTA$0.303032
  • nemNEM$0.043573
  • dashDash$87.10
  • neoNEO$8.89
IBM used blockchain to ship 28 tons of citrus fruits from China to Singapore
On the eve of the Chinese New Year celebration, the technological giant IBM delivered 28 tons of oranges and tangerines from China to Singapore. When issuing a bill of lading confirming the contract of shipment, the blockchain technology was used, reports CoinDesk. IBM experts note that the electronic bill of lading (e-BL) has accelerated administrative […]
2019-02-19 0 12
What Can I Buy with BTC and What Sites Use It?
In the autumn of 2017 cryptocurrency fever triggered a high interest among trade agents in using BTC as payment method both for online and offline commerce. People were thrilled and excited. Searches on Google like “where to pay with bitcoin”, “where to spend bitcoin”, “bitcoin stores” were most frequent those days.  Unfortunately, raising fees for […]
2019-02-18 0 36
The media confirmed the launch date of the test network Telegram Open Network
The Telegram Open Network (TON) blockchain platform, behind which the popular messenger operator stands, is 90% complete, and the launch of the test network is scheduled for the end of March 2019. It is reported by The Block, with reference to the report received by the investors of the project. As the newspaper notes, Telegram […]
2019-02-11 0 15
Media: the cost of the Telegram internal cryptocurrency could reach $ 30 billion
By the end of 2019, the total cost of the internal token Gram of the blockchain project Telegram Open Network (TON) could reach $ 29.5 billion. The Bell reports with reference to the report HASH Crypto Investment Bank. According to the investment company, the target cost of 1 Gram token by the end of 2019 […]
2019-02-07 0 10
© 2017–2018