The dominance level of Bitcoin in the market has dropped to 40.2% according to the latest data from Coinmarketcap. With a market cap of $887 billion, Bitcoin currently accounts for 40.2% of the total cryptocurrency market cap.
Bitcoin’s market dominance has been declining in recent months, with Ethereum and other leading altcoins slowly increasing. Ethereum’s market dominance has been increasing in recent months and currently stands at 20%.
The total cryptocurrency market cap stands above $2.2 trillion and Bitcoin and Ether are the two leading cryptocurrencies.