While BTC price movements have been pretty dull over the last 48 hours, the asset's dominance of the market has increased to 50%, the highest since June. This happened as most alternative coins traded in the red again, with AVAX leading the way south (-3%).📉
While BTC's dominance is increasing, most altcoins have not performed well recently. While cryptocurrencies such as Ethereum, Binance Coin and Polkadot experienced small price declines, others such as XRP, SOL, DOG, MATIC, LTC and BCH experienced larger declines.📊
Over the past 24 hours, Avalanche's native token has fallen the most, dropping 3.3%, and AVAX is currently trading below $10. Total cryptocurrency market capitalization also fell by several billion during this period, remaining below $1.1 trillion at CMC.
While BTC's dominance is increasing, most altcoins have not performed well recently. While cryptocurrencies such as Ethereum, Binance Coin and Polkadot experienced small price declines, others such as XRP, SOL, DOG, MATIC, LTC and BCH experienced larger declines.📊
Over the past 24 hours, Avalanche's native token has fallen the most, dropping 3.3%, and AVAX is currently trading below $10. Total cryptocurrency market capitalization also fell by several billion during this period, remaining below $1.1 trillion at CMC.