online resources

Crypto Race Heats Up: Bitcoin’s Dominance Ratio Drops to Lowest Level in 12 Months

The largest digital asset by market capitalization, bitcoin has lost a significant share of market dominance during the last few weeks. Bitcoin’s dominance ratio dropped to 61.5% on Thursday, after hovering around 66% for months on end. The last time the crypto asset’s dominance level was around the 61% range was over 12 months ago on June 30, 2019. Bitcoin has the largest market valuation out of all the digital assets in existence. BTC’s market cap today is around $175 billion out of the grand total of $284 billion that represents the overall worth of all 5,700+ crypto assets. Bitcoin’s…

Continue Reading Crypto Race Heats Up: Bitcoin’s Dominance Ratio Drops to Lowest Level in 12 Months

End of content

No more pages to load