View full page at cryptocraft.com

 

Bitcoin Dominance Slides to 12-Month Low

From fxpro.news

Bitcoin’s (BTC) dominance relative to altcoins has fallen to its lowest point in 12 months, with the leading cryptocurrency representing 61% of the $359.5 billion combined cryptocurrency capitalization. Bitcoin’s dominance has slid from over 67% as of mid-May, and is down from a local high of 69.9% during September of last year — the strongest moment for BTC dominance since the first quarter of 2017. Despite the strength of Bitcoin’s July rally into five-figure prices, the month saw the combined capitalization of altcoins tag $140 billion for the first time in 24 months. Binance’s July trading report also shows ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis