$BTC The first Crypto Dominance Index could continue to rise as the price risk for many well-known altcoins increases. This opinion was expressed by Marcus Thielen from Matrixport in an interview with CoinDesk.
On Monday, September 18, Bitcoin's market share again exceeded 50%.
Analysts predicted an increase in Bitcoin dominance.
Bitcoin Dominance Index (BTC.D)
For more than two years the index has been in the range of 39-49%. In late June, dominance jumped to a 26-month high of 52% after asset manager BlackRock filed with the U.S. Securities and Exchange Commission to launch a spot ETF based on digital gold. Following the investment giant, similar applications were submitted by Valkyrie, Fidelity Investments and WisdomTree