Altcoin Dominance

Auto Added by WPeMatico

Study Shows Market Share of Altcoins Surged Threefold Since 2014

by

This week, bitcoin’s market dominance among the market capitalization of all 12,046 crypto assets in existence has been hovering above 38%, while ethereum’s overall valuation commands 19% dominance. A report published on Monday shows that since 2014, the market share of altcoins surged threefold from 21% in 2014, to today’s market share of 62%. Report … Read more

Retail Investors Branch to Altcoins: ‘60% of Coinbase Customers Start With Bitcoin, Only 24% Stick Exclusively’

by

On May 13, the San Francisco-based cryptocurrency exchange, Coinbase published a report that shows digital currency investors are investing in alternative cryptocurrencies despite bitcoin’s 67% market dominance. Data from Coinbase shows that customers with at least five crypto purchases, roughly 60% of them buy bitcoin first but only 24% remain exclusively loyal to the digital … Read more