Bitcoin’s Share In The Market Increased By 56%
In February, 2019, capitalization of the most crypto currency is 53% of the entire market. However, 12 months ago, in February, 2018, its share was just 34%. Virtual coin’s influence in the crypto asset market increased two times.
The level of capitalization of other crypto currencies dropped.
The other digital assets were dropping during the last year.
Thus, Ethereum influence dropped twice. In February, 2018, crypto currency market capitalization was just 20%, and it dropped to 10% this year.
Bitcoin Cash capitalization decreased, too. Crypto currency’s share in the market dropped three times — from 5.62% to 1.84%.
One more crypto currency in the crypto market managed to gain influence.
Ripple company’s development – XRP – made progress during the last 12 months. The firm managed to increase XRP crypto currency influence to 10.76%.
The crypto market lost $400 billion.
The total crypto currency capitalization dropped 5 times over 12 months.
It was $500 billion a year ago. However, in February, 2019, crypto market capitalization is $121 billion.