Bitcoin’s Market Dominance Hits Record Low, Ripple Surges
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Bitcoin’s Market Dominance Hits Record Low, Ripple Surges
Bitcoin, which experienced a more than 30 percent price drop off its recent highs, today had a record low in its percentage of cryptocurrency’s total market cap as investors hedge with other prominent altcoins.
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While the scaling debate and price swings have been going on during the last few months, the Bitcoin Dominance Index, which shows how much of the entire cryptocurrency economy is dominated by Bitcoin, has been dropping all the way to reach a record low at 37.6%.
Today’s figure is the coin’s weakest level since June ... (read more)
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