Bitcoin Dominance Index Surpasses 61% for First Time since March

Bitcoin Dominance Index Surpasses 61% for First Time since March

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. For the first time since March of this year, the bitcoin dominance index has surpassed 61 percent, further solidifying bitcoin’s position as the leading digital currency within the global cryptocurrency market. From January to September, the dominance index of bitcoin has declined from around 90 percent to 30 percent. But, in the past few months, the dominance index of bitcoin has gradually increased and earlier this week, bitcoin dominance index surpassed the 60 percent mark at last. Reallocation of Funds From Alternative Cryptocurrencies (Altcoins) to Bitcoin […]