Bitcoin—it’s volatile and valuable, and it’s also in vogue for traders around the world.
Even after a recent 15% drop, Bitcoin still makes up about 68% of the cryptocurrency market. This means that currently, Bitcoin’s market cap is greater than all other altcoins combined:
Cryptocurrency Market Cap (Billions) % of Total Market
*Note: Figures have been rounded.
This hasn’t always been the case for Bitcoin—in fact, its market share was a mere 32.8%, back in January 2018. However, within a year it had captured the majority of the market again. And ever since, it’s held a relatively stable piece of the pie.
Comparing Bitcoin’s Market Cap to Other Cryptocurrencies
Any brehs ever actually purchase anything with one of these currencies?
Even after a recent 15% drop, Bitcoin still makes up about 68% of the cryptocurrency market. This means that currently, Bitcoin’s market cap is greater than all other altcoins combined:
Cryptocurrency Market Cap (Billions) % of Total Market
- Bitcoin $647.2 68.1%
- Ethereum $122.6 12.9%
- Tether $24.2 2.6%
- Litecoin $9.2 1.0%
- XRP $13.6 1.4%
- Polkadot $9.4 1.0%
- Cardano $9.2 1.0%
- Bitcoin Cash $8.9 0.9%
- Binance Coin $5.6 0.6%
- Chainlink $6.4 0.7%
- Others $93.6 9.9%
*Note: Figures have been rounded.
This hasn’t always been the case for Bitcoin—in fact, its market share was a mere 32.8%, back in January 2018. However, within a year it had captured the majority of the market again. And ever since, it’s held a relatively stable piece of the pie.
Comparing Bitcoin’s Market Cap to Other Cryptocurrencies
Any brehs ever actually purchase anything with one of these currencies?