The price of Bitcoin and its further prospectsThe main crypto-currencies have struggled to maintain their upward momentum, provided earlier this week. Bitcoin fell again below the $ 10,000 mark, while Ethereum is very careful to exceed the threshold of nine hundred dollars.Earlier this year, the Bitcoin dominance index hit a record high. Throughout the recovery period in February, the Bitcoin dominance index, which measures its share of the entire crypto-currency market, rose significantly to about thirty-nine percent, largely because of the fact that most of the currencies in the market followed the price trend of Bitcoin itself.
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Since then bitcoin has have some serious recovery and it is currently eyeing $12,000. Bitcoin may began to show another strength any moment from the middle of this months. Bitcoin dominant is over and this is not because bitcoin is loosing in value but because many new coins are coming into the market and are sharing the market capitalization.