Apart from reaching a new ATH, bitcoin is also regaining dominance vs other alts. It was halved between March and June and bitcoin has been slowly regaining it but lately seems to have received a boost.
Source: (
https://coinmarketcap.com/charts/#dominance-percentage)
Any ideas about why this is happening?
this thread is 2017 so i hope the bitcoin dominance is regaining again and the value will go up again so i want to buy a lot of bitcoin but not also bitcoin als ocryptocurrency becuase i know that it will going to pump again all i neee is to be patience..
Yes definitely Bitcoin is again gaining dominance as the price of Bitcoin is rising slowly and steadily and people are again gaining profits from Bitcoin.Investors are also getting good amount of profit returns due to the rise in price.Bitcoin is still the most valuable and expensive cryptocurrency in the market and no other digital currency has the potential to overtake it because Bitcoin has a large number of users all over the world and people have faith in Bitcoin as it had made many people rich.
If you believe in just one source of informations you will be misinformed. Every information needs to be checked on several places, even infromations from coinmarket cap. This bitcoin dominance is pure speculation, do you really believe that any other coin have so big usage as bitcoin? Anyone with coin or token can manipulate with market cap, depends how much coins are premined and how many coins are in circulation, when you plan to distribute some of your coins your coin have price and market cap, that is pure manipulation.