Do you have a moment to talk about Bitcoin dominance?

Since crypto became big in the summer of 2017 exceeding $100 Billion in marketcap, the long term trend has been that BTC share of the marketcap continues to increase. Since 7 years ago,

BTC dominance has been steadily increasing, ETH dominance has halved, the #3, #4, #5 share of marketcaps have gone down significantly the rest of the Alts combined share of marketcap has also gone down a lot.

The 2 trends are BTC's increasing share of the total marketcap dominance and Stablecoin increasing share of total marketcap which hides how dominant BTC is. These trends indicate that you don't hold crypto long term. You consolidate profits into BTC and watch your shitcoins lose value and die.

June 2017

BTC dominance 38%

ETH 33%

XRP 10%

Remaining Alts COMBINED 19%

BTC Dominance Today excluding StableCoins

BTC 62%

ETH 16.5%

BNB 4.1%

SOL 3.4%

Remaining Alts COMBINED 14%

BTC Dominance Today including StableCoins

BTC dominance 56.5%

ETH 14.75%

BNB 3.59%

SOL 3.37%

StableCoins 10%

Remaining Alts COMBINED 11.79%

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