Bitcoin's Market Dominance Slides to 50%, While Ethereum's Valuation Climbs Higher Bitcoin dominance, the metric that measures bitcoin’s overall market capitalization against all the other crypto asset valuations has dropped considerably in recent weeks. At the end of February, bitcoin dominance levels started sliding downward from 61% to today’s 50%. Meanwhile, from the same point in time ethereum’s market capitalization has increased from 11.8% to today’s 14.5%. Bitcoin Dominance Sinks to 50% Ever since the birth of alternative crypto assets, people have used a metric called bitcoin (BTC) dominance, a measurement that records BTC’s entire capitalization against all the market capitalizations held by other coins. Interestingly, minus a few small dips, BTC’s dominance was above the 80% range from the day it was conceived to February 2017. During the first week of January 2018, BTC’s dominance dropped to an all-time low of 33%. This year, bitcoin dominance levels have been mostly above the 60% region and in January 2021, it neared 70%. However, since February 28, BTC dominance has slid from 61% to a low of 50% on April 23. At the same time from February 28 until now, ethereum (ETH) has climbed from 11.8% to 14.5%. Read More: https://news.bitcoin.com/bitcoins-market-dominance-slides-to-50-while-ethereums-valuation-climbs-higher/ Crypto moving in circles, lets wait for another increase. Let's just HODL for the moment. #NoiseCash
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