BTC market dominance exceeds 40% after 6 months

1 year ago

Glassnode information analyzed by CryptoSlate indicates that Bitcoin’s (BTC) marketplace dominance exceeded 40% for the archetypal clip since July 2022.

BTC marketplace  dominanceBTC marketplace dominance

The illustration supra represents the BTC marketplace dominance since October 2020 with the orangish line. The BTC dominance was arsenic precocious arsenic 70% astatine the opening of 2021. However, this percent retreated to conscionable supra 40% successful January 2022, lone declining further during the year’s archetypal half.

Except for a abbreviated spike wherever BTC dominance reached 48% successful precocious June, the dominance complaint was lingering beneath 40%.

The station BTC marketplace dominance exceeds 40% aft 6 months appeared archetypal connected CryptoSlate.

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