Despite Market Volatility, Bitcoin's Dominance Soars Above 50% Again
Bitcoin's market share in terms of market capitalization relative to the total market capitalization of crypto tokens soared to 52.92% over the weekend, climbing from less than 50% at the end of May. Bitcoin is the largest crypto asset by market capitalization, and its market dominance has not fluctuated much over the past year. Bitcoin's price has remained in a range of 44 percent to 53 percent since last summer.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BitMine accumulated over 138,000 ETH last week, Tom Lee optimistic about Ethereum strengthening in the coming months
Goldman Sachs: The Federal Reserve will cut interest rates this week but maintain policy flexibility
Trending news
MoreCrypto prices
More
