$84,508.00
-0.49%$1,582.82
-0.61%$2.07
-1.54%$590.15
1.10%$133.20
3.48%$0.999992
0.01%$0.248518
-2.53%$0.155144
-0.19%$0.619775
1.33%$1,581.43
-0.57%$84,566.00
-0.45%$9.04
-3.86%$19.13
0.32%$12.44
0.83%$2.98
2.91%$0.238726
1.25%$0.999908
0.00%$0.00001175
-1.00%$2.10
0.06%$0.161026
1.29%$1,898.90
-0.63%$334.44
3.75%$75.07
-0.09%$3.64
1.97%$16.50
3.02%$1.001
0.17%$4.36
0.04%$0.999376
0.03%$1,583.29
-0.68%$0.618784
0.30%$27.73
-0.36%$215.99
-1.21%$1,684.57
-0.74%$84,553.00
-0.43%$5.17
-0.29%$50.52
-2.39%$0.00000718
0.10%$4.58
-1.72%$22.28
-0.67%$33.60
-0.02%$0.836831
0.56%$1.048
0.03%$1.00
0.00%$2.03
0.76%$0.702926
1.06%$0.083066
0.42%$14.99
0.57%$4.67
-0.91%$1.17
0.01%$137.40
1.38%$4.00
6.53%$239.19
2.28%$0.076894
-0.39%$0.02257092
0.42%$4.09
1.17%$4.23
0.36%$84,522.00
-0.27%$0.998343
0.12%$0.183858
1.21%$0.180601
0.19%$2.37
-2.09%$7.65
-4.87%$0.270399
-1.13%$0.468125
-1.60%$2.32
0.58%$3.82
1.36%$84,528.00
-0.37%$0.280162
-0.17%$10.02
-1.98%$0.470496
2.07%$1,345.91
-0.79%$139.52
3.87%$0.070897
-2.34%$0.99974
-0.01%$0.643076
0.81%$3.93
-1.35%$0.365603
1.05%$1.041
1.69%$1,584.75
-0.40%$65.66
1.75%$0.01486771
0.90%$0.616035
-2.85%$1,647.20
-0.79%$0.00001167
-2.63%$0.69489
-1.09%$0.58039
-0.39%$0.864746
-7.55%$1.001
0.08%$0.166851
-2.66%$1.001
0.13%$3,322.03
-0.60%$590.58
1.22%$0.999789
0.00%$14.03
3.26%$0.599341
-5.79%$1,783.26
-0.77%$3,319.32
-0.83%$83,971.00
0.85%$7.68
-0.79%$0.412306
1.61%$0.076656
-1.19%$0.998402
0.08%$84,351.00
-0.45%$0.681069
-14.20%$0.01350664
-4.57%$2.24
-4.02%$146.73
3.66%$3.55
9.04%$0.0190503
12.31%$0.631813
-3.16%$0.999052
-0.03%$171.31
3.78%$1,680.94
-0.70%$0.682194
0.65%$0.01382927
-1.77%$0.24806
-0.04%$0.600884
1.44%$0.00000061
-0.14%$0.157252
0.10%$1.089
-0.23%$0.099913
0.54%$0.233102
-8.28%$27.83
-0.39%$0.345371
0.09%$1.80
-0.60%$0.00005369
-0.52%$0.491955
-2.33%$0.40633
5.35%$1.59
-1.38%$0.27019
1.64%$0.998315
-0.01%$31.09
-0.15%$1,655.06
-0.67%$3.05
-3.74%$83,334.00
-2.00%$0.068123
-0.05%$0.999992
0.01%$82,170.00
-0.73%$0.129826
3.58%$0.431718
1.45%$1.69
0.98%$13.87
0.77%$0.999992
0.01%$0.557521
1.21%$84,510.00
-0.34%$83,087.00
0.00%$0.00000043
-0.35%$0.452003
-3.99%$0.00450777
-3.99%$1.95
-8.93%$1.009
0.73%$110.71
0.01%$1.073
0.02%$3.69
0.08%$1,652.43
-0.89%$0.15563
0.30%$1.12
-1.60%$0.00688404
-0.64%$5.47
2.12%$13.67
0.65%$84,520.00
-0.25%$1,686.33
-0.49%$0.00001922
-0.21%$0.378798
1.35%$22.93
0.18%$0.999733
-0.03%$1,582.81
-0.60%$0.544881
-1.25%$2.20
2.42%$1.00
-0.03%$39.05
-1.97%$1,582.30
-0.61%$0.119813
-0.57%$0.131729
-0.29%$1,582.59
-0.62%$1,582.95
-0.50%$0.03551572
-0.65%$0.03362018
0.94%$1.00
0.03%$0.413649
-0.23%$0.999837
0.05%$0.063298
-3.47%$1.002
0.09%$0.01677639
-1.68%$4.92
-2.23%$0.999659
0.00%$0.159732
-1.76%$0.00005798
0.59%$0.00494923
12.46%$0.387276
0.07%$0.180824
0.26%$0.746922
0.71%$0.727885
1.94%$0.03069238
-1.92%$0.488933
2.52%$0.066513
-0.16%$0.00573757
1.25%$0.256297
-3.15%$0.00352669
-0.09%$0.999997
0.07%$3.69
-1.38%$0.999768
-0.05%$1,608.21
-0.15%$108.47
-0.47%$84,510.00
-0.45%$3,232.05
0.07%$0.287793
-1.42%$0.00000133
-5.33%$0.129407
-0.43%$84,183.00
-0.53%$0.260785
3.29%$2.33
-2.85%$1.041
-1.01%$2.73
0.22%$1,566.19
-0.46%$0.555384
0.89%$20.30
-0.20%$0.199991
-1.80%$0.999618
-0.04%$1,582.67
-0.55%$0.03396014
2.95%$0.234213
2.54%$0.518316
-1.47%$0.239061
-5.29%$1,674.25
-0.63%$21.11
-1.34%$1,697.22
-0.49%$0.404841
-0.50%$0.165917
-0.13%$19.14
0.49%$0.455291
0.50%$3.50
-15.43%$0.02655719
-2.06%$0.0113493
3.06%$0.998764
-0.00%$0.096766
0.84%$0.00250874
-1.36%$0.00036253
-5.28%$0.999774
-0.01%$1,734.26
-0.59%$0.895076
3.82%$84,625.00
-0.53%$0.250251
5.94%$1.14
-0.09%$0.622404
-1.66%$2.66
1.94%$1,720.24
-0.72%$1.96
0.06%Reading
Amid this weekend's crypto crash, Bitcoin's market dominance dipped to nearly its lowest levels ever. At one point on Saturday, when the entire crypto market was suffering, the market dominance of the first and largest cryptocurrency by market cap was just 38.32%.
The only time it has dipped that low this year was in May, when it hit 37.76%, according to CoinGecko data. And that's not far from its lowest dominance ever, in May 2018, when it briefly touched 33%. Throughout 2018, Bitcoin mostly hovered around 40%.
Market dominance refers to one cryptocurrency's share of total crypto market cap. The entire crypto market cap right now stands at $2.4 trillion, and Bitcoin's market cap is $924 billion.
This time last month, it was over $1 trillion.
Since Saturday, Bitcoin's dominance has picked up. At the time of writing, TradingView puts Bitcoin's dominance at 41%.
The selloff that started on Friday and accelerated Saturday hit the entire coin market, but hit Bitcoin particularly hard. Concerns over the Omicron COVID-19 strain, plus the Fed talking about a "higher risk of inflation" rattled traditional equities markets—and crypto was not exempt.
Bitcoin's price and market dominance has dropped as investors flog the asset.
This might be the worst BTC price action vs alts I’ve seen over the past decade.
— Qiao Wang is hiring (@QwQiao) December 4, 2021
As of Sunday afternoon, Bitcoin's price has crept back up to $48,930, down just 1% over the past 24 hours and 10% in the past week.
The market dominance of Bitcoin, the largest cryptocurrency with a market capitalization of just under a trillion dollars, plummeted this week to levels unseen since mid-2018. Bitcoin now commands just 40.2% of the market, a stark change from a long period of mostly uninterrupted market dominance of well over 50% since summer 2019, and yearly highs of 69.7% on January 4. Market dominance refers to a cryptocurrency’s percentage share of total market cap. The market capitalization of the entire c...
Ethereum, the second largest cryptocurrency by market cap, has also suffered in the past few days, in terms of price. But its market dominance has actually gone up as people sell their Bitcoin. The latest figures from CoinGecko show Ethereum's dominance was 20% on Saturday—the highest it's been since 2018.
To put that in perspective, earlier this year, in March, it was as low as 11%. Some commentators in the crypto world have said that the "flippening"—when Ethereum's market cap grows bigger than Bitcoin's—could be well on its way.
The "Flippening", also known as the moment where Ethereum flips Bitcoin in market value, may very well happen in this bull market.
Below is BTC % Dominance, divided by ETH % Dominance.
I'll let you be the judge...👀 pic.twitter.com/V2Ejq1kl75
— Nicholas Merten (@Nicholas_Merten) December 5, 2021
Ethereum still has a long way to go before that happens, though. At the time of writing, its market cap was 46% less than Bitcoin's, at $491 billion.
The battle between state attorneys general and the U.S. Securities and Exchange Commission over crypto regulation just hit pause. On April 16, Judge Gregory Van Tatenhove of the Eastern District of Kentucky granted a 60-day stay in the case, citing the SEC’s own admission that “this case could potentially be resolved” due to a leadership transition. Both sides did not object to the motion and are now required to submit a joint status update within 30 days. The pause follows the Trump administrat...
A wallet used by the creators of President Donald Trump’s Solana meme coin made its first-ever withdrawals on Tuesday, sending $4.6 million worth of the project’s liquidity to a Coinbase Prime account. The move comes just days ahead of the project’s first major token unlock, which is set for Thursday. Upon the three-month anniversary of the coin’s surprise launch on the eve of the president's inauguration, 40 million TRUMP tokens are scheduled to be released into circulation. At writing, that...
Only 0.0005% of the $11 billion collected in income tax in Colorado since 2022, amounting to just over $57,000, has been paid using crypto. The State of Colorado began accepting crypto-based tax payments in September 2022, under a policy introduced by Governor Jared Polis. Yet figures shared with Colorado Newsline by the Colorado Department of Revenue reveal that only eight payments using crypto were made in 2022, amounting to a grand total of only $16,426. This rose to 22 payments and a total o...
