Cryptocurrency

11/07/19 08:50 UTC±0

Dominance of BTC over other cryptocurrencies reaches 65%

The dominance of BTC in the crypto-market
The dominance of BTC in the crypto-market

Bitcoin falls in price, but the percentage of total market capitalization (dominance) exceeds 65.4%, – CoinMarketCap.

 

Dominance of BTC

Now, there is a decline in the Bitcoin price. After the rush to $ 13,000, the cryptocurrency dropped to $ 11,500.

Despite slight losses, the data showed an increase in the dominance index of the largest cryptocurrency to a maximum of 65.4%.

Such heights in the dominance of BTC remained unattainable from the beginning of 2017, when the highest rate reached 87.34%.

Interesting in the section: Rappers, Bitcoin and Grandma's Gift. 5 interesting facts about cryptocurrency

Bitcoin dominates the crypto-market by 65.4%. Today, July 11th, the cost of the first cryptocurrency has fallen sharply over 15%. The Bitcoin rate entered the zone of correction after overcoming the resistance line of $ 13,000, after which the price fell by one and a half thousand dollars.

 

Editor: Yuliya Soroka

See also: "Bitcoin rate plummeted to $ 11,500"

#Bitcoin #BTC #cryptocurrency #growth

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