Bitcoin Share In The Market Increased By 56% Last Year
The digital coin’s share in the market was 34% last year, now this number exceeds 53%.
Bitcoin share in the digital money market increased by 56% over the last year. Crypto currency’s domination was 34% last year, but now it is more than 53%. Many of altcoins weakened during this period of time: Etheruem rate decreased two times – from 20% to 10%. Bitcoin Cash rate reduced three times: from 5.62% to 1.84%. NEM (1,2%-0,3%) and NEO (1,6%-0,4%) come off the worst.
XRP and Litecoin were the strongest: the share of XRP token – launched by Ripple company from Sac-Francisco – increased by 1/3, to 10,76%, Charlie Lee’s coin still has 2% of the market.
Blockchain industry capitalization dropped by almost 5 times over the last year: it exceeded $500 billion in the middle of February, but now it is just $114 billion. Altcoin trading volume reduced by 40%, from $27 billon to $16 billion.