Very stable BTC dominance

[Aceeakell]

   The dominance level is still very healthy, it allows for growth in the altcoin sector and for a better crypto market these altcoins need space to thrive. These alts offer much more than bitcoin and developers should be encouraged to continue their own blockchain projects


   Bitcoin dominance will drop down on day after day next years ,  marketcap will grow up continuously, some of altcoins will out of circulation and lots of of them will grow up more and more.  While the marketcap is divided by coin, bitcoin will loss dominance little by little. it won't be too fast and suddenly.

   Bitcoin will loss its dominance but i think it never loss against another altcoin. It will continue to be the flagship for a long time

[1714709568]

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[BlueStackz]

No matter what the price will be, as long as the price didn't go up or down quickly as much so that online businesses with bitcoin as payments will not lose to volatility, is good. Even if bitcoin will be price at $3,000 and below, if such increase or decrease are not hourly or daily, bitcoin will be used without hesitation and can be stored or be used  like a real currency.

If BTC is already having like 60% market dominance, then what is left of other coins will be 10%, because the remaining 20% are either shitcoins and should not be counted as part of the market, even though their own marketcap too is reflecting on the marketcap site.

Bitcoin as a coin is really more than enough to solve any problem all these projects may have taught off, they just need to give their space completely to bitcoin so that we can achieve crypto adoption fully. If all attention in the market is focused on BTC now, it will be easier to gain attention of government quickly.

[leea-1334]

Around one year back, the Bitcoin dominance was around 33% and a lot of users and analysts were predicting that ETH or some other crypto-currency will be toppling Bitcoin from the no.1 position within the near future. And then came the correction. Bitcoin lost almost 80% of its value, but the other coins lost even more. For example, Cardano lost more than 95% of its value.

One possible explanation is that the alts were heavily over-priced and as a result they crashed quite a bit during the correction. Or it can also mean that the alts have underwent a severe correction and they are currently under-priced.

Oh yeah,,, that was the Flippening, but was that not in 2017 and not last year? What does dominance matter in market cap overall anyway when it is diluted by the likes of Tether or XRP which nobody uses practically? You have to still see dominance in terms of blockchain activity, for example, how many transactions, how much spends to unique addresses,,, things like that.

[illnino]

It has been around 50-54% percent for more than 8 months. Not sure if it is a bull indicator but last time when the bull trend started the dominance went to 37%. In a mature market, BTC dominance should be around 5% (similar to gold dominance among the fiat market).

Bitcoin will always dominate the other cryptocurrencies. Simply (and here you are right) when bulls come and people start buying other altcoins, these tokens "take" a part of BTC popularity and its dominance decreases.

[Xampeuu]

It has been around 50-54% percent for more than 8 months. Not sure if it is a bull indicator but last time when the bull trend started the dominance went to 37%. In a mature market, BTC dominance should be around 5% (similar to gold dominance among the fiat market).

Bitcoin will always dominate the other cryptocurrencies. Simply (and here you are right) when bulls come and people start buying other altcoins, these tokens "take" a part of BTC popularity and its dominance decreases.

the increase in bitcoin seemed to signal a rise in other altcoins. and we know that sometimes an increase in altcoin can exceed the percentage increase in bitcoin. of course taking advantage of this opportunity is highly anticipated by investors

[freedomgo]

It has been around 50-54% percent for more than 8 months. Not sure if it is a bull indicator but last time when the bull trend started the dominance went to 37%. In a mature market, BTC dominance should be around 5% (similar to gold dominance among the fiat market).

Bitcoin will always dominate the other cryptocurrencies. Simply (and here you are right) when bulls come and people start buying other altcoins, these tokens "take" a part of BTC popularity and its dominance decreases.

the increase in bitcoin seemed to signal a rise in other altcoins. and we know that sometimes an increase in altcoin can exceed the percentage increase in bitcoin. of course taking advantage of this opportunity is highly anticipated by investors

I still don't feel the increase of altcoins, maybe it will have its time when investors are fully convince that bitcoin is already bullish and might achieve a new all time high. As for now, based on what I noticed, only major altcoins had increase, and I can only count them which are less than 10, only BCH and BNB are doing good lately.

[senin]

   The dominance level is still very healthy, it allows for growth in the altcoin sector and for a better crypto market these altcoins need space to thrive. These alts offer much more than bitcoin and developers should be encouraged to continue their own blockchain projects


   Bitcoin dominance will drop down on day after day next years ,  marketcap will grow up continuously, some of altcoins will out of circulation and lots of of them will grow up more and more.  While the marketcap is divided by coin, bitcoin will loss dominance little by little. it won't be too fast and suddenly.

   Bitcoin will loss its dominance but i think it never loss against another altcoin. It will continue to be the flagship for a long time

Regarding the dominance of Bitcoin, I completely agree with you. Over time, Bitcoin will inevitably lose such dominance, otherwise the development of the market will come to a dead end. After several periods of price fluctuations, when investors are convinced that there will be no cosmic prices for Bitcoin, the price dominance of Bitcoin will inevitably fall.
In the future, there should be no price dominance in the cryptocurrency market. Due to the fact that many types of cryptocurrencies will develop simultaneously, there should be quite a lot of applicants for leadership and none of them will be able to reach the heights of Bitcoin popularity already.

[cutesgirl]

Bitcoin still dominance in market until today although less dominance down from 70% and today bitcoin dominance become 66%, how ever bitcoin will always dominance with bitcoin price today have raised down to $7000, how ever bitcoin price on exchange market bitcoin dominance bigger than altcoin with altcoin price very drop after bitcoin down.

[Google+]

right now the cryptocurrency price condition at the exchange is very stable because the economic condition of the market is not crowded, it is different when the market conditions start to crowded so the coin will move very fast or even unstable because the market is bull market and do not know when it can happen again.

[matchi2011]

Bitcoin still dominance in market until today although less dominance down from 70% and today bitcoin dominance become 66%, how ever bitcoin will always dominance with bitcoin price today have raised down to $7000, how ever bitcoin price on exchange market bitcoin dominance bigger than altcoin with altcoin price very drop after bitcoin down.

Bitcoin indeed even falling with its current value still dominating the market, Alts still struggling and still don't have any clear directions.
Though it's still good to see that bitcoin still raging and getting good sign of momentum, the market as a whole  still depending with how
bitcoin runs, everything still possible just need to keep yourself updated in order not to fall with wrong decisions.