Sentences with phrase «dominance as altcoins»

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Overall, the cryptocurrency market seems to be continuing the trend that its sustained for the last two weeks where Bitcoin is the biggest consistent gainer, acquiring more Market Dominance (around 58 % as of writing this article) and setting new all - time high price records while altcoins languish in the face of the upcoming hard fork.

As CCN reported yesterday, the bitcoin dominance index has now reached an all - time low with the combined market cap of the top four altcoins — ripple, ethereum, bitcoin cash, and cardano — now surpassing that of bitcoin.

Ethereum was frequently touted as the altcoin most likely supersede bitcoin's dominance throughout 2017, with ETH's market dominance peaking at 33.9 % in June — at a time when bitcoin's dominance was just 39.2 %.

Bitcoin experts including BitGo engineer Jameson Lopp also suggested that investors and traders should consider basing off the dominance index of Bitcoin on the global M1 supply against currencies such as the USD, instead of altcoins in the cryptocurrency market.

There has been a slip back on a lot of the altcoins, while Bitcoin has remained steady, but even with that altcoin dive, the market has... Altcoin Adoption Surging as Bitcoin RalliesInside BitcoinsBitcoin Regains Over 60 % Crypto Market Dominance For First Time... Bitcoin News (press release) Bitcoin Price Recedes after Surge to $ 7600CryptoCoinsNewsThe Merkle - Asia Timesall 42 news articles &altcoin dive, the market has... Altcoin Adoption Surging as Bitcoin RalliesInside BitcoinsBitcoin Regains Over 60 % Crypto Market Dominance For First Time... Bitcoin News (press release) Bitcoin Price Recedes after Surge to $ 7600CryptoCoinsNewsThe Merkle - Asia Timesall 42 news articles &Altcoin Adoption Surging as Bitcoin RalliesInside BitcoinsBitcoin Regains Over 60 % Crypto Market Dominance For First Time... Bitcoin News (press release) Bitcoin Price Recedes after Surge to $ 7600CryptoCoinsNewsThe Merkle - Asia Timesall 42 news articles & raquo;

Bitcoin has fallen from above $ 11k to around $ 8k while altcoins have bled even worse as Bitcoin dominance rises.

This dominance shift has followed massive price increases by altcoins such as Ripple, Ether, and Stellar, as well as lesser - known Tron, all of which have posted more than 20 percent gains over the past week.

Altcoins have also lost significant market share, allowing Bitcoin dominance to rise as high as 45 percent in recent days.

Although, bitcoin dominance is around 52 percent of the aggregated total of all cryptocurrencies, and this is due to a few altcoins gaining steam as well.

The market cap of altcoins is also at an all - time high as Bitcoin's dominance continues to diminish.

Along with the price swings, Colas sees bitcoin's market share go down throughout the year, as altcoins are set to further reduce its dominance.

The dominance of the four and eight largest cryptocurrencies as of 03:00 UTC on March 25, 2018, equaled 72.4 % and 79.4 %, respectively, with bitcoin dominance increasing to 44.2 % (see Table 1.1), i.e. one can conclude that altcoins have depreciated more significantly since the beginning of March than the leader of the cryptocurrency market.