Altcoin Market Rises as Bitcoin Dominance Falls to 60.11%

Bitcoin’s market share declined by over one percent, with altcoins now representing $1.29 trillion of the $3.19 trillion crypto market.

BTC
ETH

Summary

Bitcoin’s market dominance fell by 1.06% to 59.46%, while the total cryptocurrency market capitalization stood at $3.19 trillion. Altcoins accounted for $1.29 trillion of this value, and when Ethereum is excluded, the altcoin market cap was $914.2 billion.

Terms & Concepts
  • Bitcoin Dominance: The percentage of the total cryptocurrency market capitalization represented by Bitcoin.
  • Cryptocurrency Market Capitalization: The total value of all cryptocurrencies in circulation, calculated by multiplying market price by circulating supply.