Market Dominance

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Bitcoin Below 50% Dominance — Hello Alt Season?

22 Apr 2021 1 minute read 0 comments NYC Adriana

Bitcoin’s overall market dominance dipped under 50% today versus altcoins. This marks a 20% drop from its market share at the start of 2021 and the first time in 3 years it has broken through the support level. Based on historical behavior, when Bitc...

How the dollar became the dominant currency in the world economy

17 Jul 2020 3 minute read 2 comments Simplify Crypto

Today, the world reference is the dollar, whether to quote the purchasing power of a country's currency, to quote Bitcoin, Gold and mainly oil. In fact, it is only possible to buy Petroleum using US dollars. But how did he achieve the status of "domi...

Is Bitcoin a store of value?

17 Jan 2020 2 minute read 0 comments Ghengis

Right now, Bitcoin's market domination is down to about 66% of a total market cap of $240B from around 70% previously. Is this an indication that Bitcoin is losing its place? Not at all. Bitcoin is the original cryptocurrency, creating the first new...