Post
Topic
Board Economics
Re: Very stable BTC dominance
by
quartzz
on 07/12/2018, 13:45:07 UTC
54.2% at the moment, first time I see it above 53.x%

When BTC price reached its maximum and the cryptocurrency was close to 20 thousand Bitcoin dominance was about 37%. It was explained by the high prices of the altcoins. Now, when alts are down, people prefer to deal with BTC.

First time since september 2018 (I forgot to mention). BTC had 3 dumps over that period but dominace remained the same (53%). On this new dump the dominace is finally affected: 55.2% now