The BTC dominance has reached historical values ! Indeed, the market capitalization of the BTC was nicely caught up by the altcoins.
What does it mean ? - It's the percentage of the BTC dominance on the total capitalization of all the cryptocurrencies. And for a few days, as you can see on the chart. The market cap of the Altcoins, especially the ripple, is on the rise and beginning to nibble space on the BTC. This demonstrates that the little brothers and sisters of the Bitcoin are growing up. And they may end up overtaking the big brother. The coming months and years look promising.
The Ripple (XRP) market capitalization has grown from days to days in recent weeks. Currently second with a market cap of $14,488,200,837. The XRP is definitely one of the main reasons for the decrease of the BTC dominance. But not only, there is also the Ethereum growing nicely with a market cap of $8,334,691,431. The Bitcoin had better watch out ! 🙈
