BTCs Dominance Index has slid 10% from a high of 67% on May 10, to a low of 57.7% today. With a total market capitalization of $187 Billion, Bitcoin is currently down by 0.62% and is trading at $10,144.33.
There’s been a number of changes in the top ten line up of cryptocurrency coins, since bitcoin (BTC) has been losing dominance from May 10. Market dominance is the measurement of the top coins listed on the chart, in terms of market valuation, compared to the aggregate of all other 6,700+ crypto coins. Bitcoin has consistently commanded the top dominance level in the cryptocurrency market and today it’s merely 57% of the market value.
Despite the Defi market shakeout, Ethereum still occupies 10% of the aggregate market capitalization of $330 billion. With a market cap of $38 Billion, ETH is up by 1.77% and is currently capped at $345.06. With a market rank of 5, Chainlink is also up by 14.11% and trading at $12.75 at the time of writing.
Bitcoin’s family prices are as mentioned below:
- Bitcoin SV is up by 1.85% and is capped at $116.28
- Bitcoin Cash is down by 1.44% and is trading at $225.11
- Bitcoin Gold is up by 0.74% and is at $8.32
- Bitcoin Diamond is also up by 0.33% and is trading at $0.58
Data shows that the new arrival Polkadot (DOT) has managed to join the top ten and it captures 1.1% of the overall market cap and is currently trading at $4.50. XRP is at $0.237 with a high of 0.45%. The value of Binance coin has also increased within a span of 24 hours by 9.15% and is currently capped at $22.14.
Tether is performing relatively well where it has seen green over the timescale of 1 hour and 24 hours respectively with the rates being capped at 0.18% and 1.77% respectively. Its price is capped at $1.00.
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