While Bitcoin (BTC) marks yet another day trading in the red, the world’s leading currency is widening its lead in the market cap race, whose total share is now above 50 percent, the biggest since December 2017.
Price Down; Market Share Up
It’s safe to say that Bitcoin 00 has seen far better days than the last week. Throughout the period, the cryptocurrency lost near 20 percent of its value.
At the time of writing this, however, Bitcoin dominance – or its share market cap percentage in the cryptocurrency market is now above 50 percent – the highest since mid-December 2017.