Bitcoin Dominance Once Again Reaches New High For 2018

  • Alex Dovbnya
    📰 News

    Bitcoin (BTC), the world’s most popular cryptocurrency, is shaping up to be a true winner in a bearish market. The BTC dominance rate is currently sitting at 56.2%


Bitcoin Dominance Once Again Reaches New High For 2018

Bitcoin (BTC), the world’s most popular cryptocurrency, is shaping up to be a true winner in a bearish market. The BTC dominance rate is currently sitting at 56.2 percent, which is almost its 10-month high (last time its total market share was above 56 percent was on Dec. 13). It shows that during a major downtrend the king of crypto is significantly more stable than other altcoins.
 

Cover image via u.today
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About the author

Alex Dovbnya (aka AlexMorris) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

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