Market Cap BTC Dominance, %Updated BTC Dominance
This is BTC dominance chart in crypto world. We are seeing that BTC share in crypto market capitalization grew for two years in a row since Jan. 2018. Now this trend is broken. If a new trend will be established, it will have a very important consequences, meaning that we are in a new expansion cycle again and more money flows will go to altcoins increasing their weight.
During 2017 crypto mega bull market, BTC share contracted from 97% to 37%, but total Market Capitalization increased more then 40 times from 17 to 800 billions.
During 2017 crypto mega bull market, BTC share contracted from 97% to 37%, but total Market Capitalization increased more then 40 times from 17 to 800 billions.
Note
Sorry BTC share was 87%, not 97% in Jan. 2017 of course ))
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.