Bitcoin Market Dominance Drops 5.66% Amid Overall Cryptocurrency Market Growth
Main Idea
Bitcoin's market dominance declined by 5.66% while the overall cryptocurrency market capitalization increased, indicating a shift in investor interest towards altcoins.
Key Points
1. Bitcoin’s market dominance (BTC.D) dropped by 5.66% over the past week, settling at 60.95%.
2. The overall cryptocurrency market capitalization increased by 4.35% during the same period.
3. The total market capitalization excluding Bitcoin (TOTAL 2) surged by 15.13%.
4. The market cap excluding both Bitcoin and Ethereum (TOTAL 3) rose by 11.03%.
Description
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$BTC
$117764.7
-0.67%
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