For the functions of historic comparability, it’s additionally price noting that the sample of the dominance chart presently appears very similar to it did throughout the earlier a part of 2017.
As the markets have gone into meltdown since May 12, (BTC) dominance has fluctuated dramatically, bucking 2021’s prevailing development. Before the sell-off began in earnest, BTC dominance had been falling fairly steadily from round 70% in January to a low of beneath 40% by the time the crash was underway. At that time, BTC dominance was at its lowest since the summer season of 2018. It has since recovered to above 43%.
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