Bitcoin Dominance at 18-Month High: The Other Cryptocurrencies Are Bleeding

It’s safe to say that Bitcoin is dominating the cryptocurrency market throughout the past couple of months. At the time of this writing, BTC dominance, the index which measures Bitcoin’s relative share in the overall market, sits at 63% – a number last seen in December 2017.

BTC Dominance At 18-Month High

One of the important indexes to monitor on the cryptocurrency market is Bitcoin’s dominance. It shows the share of BTC amid the entire market. Presently, it sits at 63%. This is the highest it has been since back in December 2017 when the cryptocurrency hit its all-time high (ATH) value of around $20,000.

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