Das Verhältnis von Bitcoins zu Altcoins ist 1: 1 geworden
Now the dominance of BTC over other coin has decreased
The previous time this ratio (50 to 50) was about 33 months ago, in 2018, when BTC was trading at $8,000. In 2021, this is due to the bullish season of altcoins, as well as a reduction in the market share of Bitcoins.
This figure began to fall in March from its position of 62%. At the time of writing, it was about 52 per cent.
Most of the market was taken from BTC by ETH. Its figure today is just under a third of the market cap of Bitcoin and about 14.25% of the entire crypto market.
This effect is due to a massive correction of Bitcoin, when it fell to $47,250. The ETH correction was less tangible.
BNB, on the contrary, increased its share to 4% of the market, whose total capitalisation exceeded $2 trillion several times in April. Do not lag behind Binance Coin and large stable coins. UsDC, BUSD, USDT and DAI accounted for about 3.8% of crypto assets.
However, Bitcoin has gone up again. The resistance level is currently $55,000. If the bulls break higher, it is possible to restore the value of the BTC and its dominance.