A $2.78T crypto market leans heavily on one coin. At 19:42 UTC on Oct 20, Bitcoin held 59.55% of it, with Ether a distant second at 10.67%.
For anyone holding altcoins, that split is the backdrop. Most of the money in this market is parked in $BTC, and $ETH and everything else share what remains.
A single reading of the split shows where money sits, not which way it is flowing. One day on its own does not mark money moving toward alts or back into Bitcoin.
For anyone holding altcoins, that split is the backdrop. Most of the money in this market is parked in $BTC, and $ETH and everything else share what remains.
A single reading of the split shows where money sits, not which way it is flowing. One day on its own does not mark money moving toward alts or back into Bitcoin.