Thursday January 19, 2023
A quick thought on crypto metrics. One of the key measures I report on daily is ‘bitcoin dominance,’ the ratio of bitcoin’s market cap compared to the total crypto market cap.
Over the past year, bitcoin’s dominance has been around 40%. This compares to two and three years ago when the number was 65%. Bitcoin is up 25% year-to-date, but what bothers me…
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