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SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
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<blockquote data-quote="Weather Man" data-source="post: 16611095" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3684731-bitcoins-share-of-cryptocurrency-market-dips-below-50-for-first-time-in-three-years" target="_blank">Bitcoin's share of cryptocurrency market dips below 50% for first time in three years</a></p><ul> <li data-xf-list-type="ul">At about noon today, Bitcoin's (<a href="https://seekingalpha.com/symbol/BTC-USD" target="_blank">BTC-USD</a>) market cap was just above $1T, or 48% of the $2.13T market cap for the entirely of the cryptocurrency universe, <a href="https://www.coindesk.com/bitcoin-dominance-below-50-percent" target="_blank">according to CoinGecko's database of 6,816 coins</a>.</li> <li data-xf-list-type="ul">Ether (<a href="https://seekingalpha.com/symbol/ETH-USD" target="_blank">ETH-USD</a>) - which <a href="https://seekingalpha.com/news/3684525-ethereum-hits-new-all-time-high-as-bitcoin-flattens-out?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3ANews%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1" target="_blank">has been on a big run to</a> new all-time highs as bitcoin stalls/falls - is up to a 14% share of the total market cap.</li> <li data-xf-list-type="ul">It's the first time since 2018 that Bitcoin has accounted for less than 50% of total crypto market cap, and the fast action in alt-coin names like Dogecoin (<a href="https://seekingalpha.com/symbol/DOGE-USD" target="_blank">DOGE-USD</a>), Litecoin (<a href="https://seekingalpha.com/symbol/LTC-USD" target="_blank">LTC-USD</a>), ZCash (<a href="https://seekingalpha.com/symbol/ZEC-USD" target="_blank">ZEC-USD</a>) - and plenty of others - is drawing comparisons to the late-2017 blow-off top in all cryptocurrencies.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16611095, member: 137766"] [URL='https://seekingalpha.com/news/3684731-bitcoins-share-of-cryptocurrency-market-dips-below-50-for-first-time-in-three-years']Bitcoin's share of cryptocurrency market dips below 50% for first time in three years[/URL] [LIST] [*]At about noon today, Bitcoin's ([URL='https://seekingalpha.com/symbol/BTC-USD']BTC-USD[/URL]) market cap was just above $1T, or 48% of the $2.13T market cap for the entirely of the cryptocurrency universe, [URL='https://www.coindesk.com/bitcoin-dominance-below-50-percent']according to CoinGecko's database of 6,816 coins[/URL]. [*]Ether ([URL='https://seekingalpha.com/symbol/ETH-USD']ETH-USD[/URL]) - which [URL='https://seekingalpha.com/news/3684525-ethereum-hits-new-all-time-high-as-bitcoin-flattens-out?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3ANews%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1']has been on a big run to[/URL] new all-time highs as bitcoin stalls/falls - is up to a 14% share of the total market cap. [*]It's the first time since 2018 that Bitcoin has accounted for less than 50% of total crypto market cap, and the fast action in alt-coin names like Dogecoin ([URL='https://seekingalpha.com/symbol/DOGE-USD']DOGE-USD[/URL]), Litecoin ([URL='https://seekingalpha.com/symbol/LTC-USD']LTC-USD[/URL]), ZCash ([URL='https://seekingalpha.com/symbol/ZEC-USD']ZEC-USD[/URL]) - and plenty of others - is drawing comparisons to the late-2017 blow-off top in all cryptocurrencies. [/LIST] [/QUOTE]
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