Bitcoin dominance, which measures the cryptocurrency’s market capitalization relative to the total crypto market, dropped to 39.4% Tuesday, the lowest since May 2018.
Read moreWhat is dominance on CoinMarketCap?
What Is Dominance? The Bitcoin Dominance Index is provided by CoinMarketCap, and keeps track of Bitcoin’s total market capitalization relative to the total market cap of all digital assets . … It is used by traders to monitor sentiment within the crypto market.
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