Bitcoin Nears “51% Assault” in Altcoin Market

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Mr. Miss(BTC) After the altcoin market crash final week, its proportion share within the cryptocurrency market rose to almost 50%.

On June 13, the Bitcoin Dominance Index (BTC.D), which tracks BTC’s weight towards different cryptocurrencies, reached 49.29%, simply off the two-year excessive of 49.66% set earlier this week. Decreased.

Day by day worth chart of BTC.D. Supply: TradingView
Seven-day efficiency of altcoins towards the US greenback and Bitcoin.Supply: Messari
BTC.D weekly efficiency chart. Supply: TradingView

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