Long-Term Bitcoin Dominance Index is on a Decline

Data from CoinMarketCap shows Bitcoin dominance below 70 percent but in reality, the number could be a lot higher. Unlimited Altcoin Token Supply Makes Market Cap a Meaningless Metric In a report by BTSE Academy, a free Bitcoin learning platform, there are better ways to get Bitcoin’s dominance apart from using the popular market cap

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Source and More information: Here’s Why the Bitcoin Dominance Index Based on Market Capitalization Might Not Mean Much

Author: BTCManager.com