Is 70% the Limit for Bitcoin Dominance?

News BTC | Sep 16, 2019 at 10:00 PM
  • Cryptocurrency market analyst Mati Greenspan has speculated that the current levels of Bitcoin dominance versus the rest of the cryptocurrency market might be the highest they will ever reach.
  • For one, it doesn’t take into account the fact that most of the recent rise that has taken Bitcoin to its current dominance levels has been at the direct expense of the altcoin market.
  • There are a myriad of different events, that are not all that out there, that could radically increase the share of the total market capitalisation Bitcoin currently occupies.