September 9: Bitcoin Dominance YTD
In January 2021, Bitcoin represented 71% of the value of all cryptocurrencies. Today it represents only 42%.
Source: Coinmarketcap
Published: September 2021
Bitcoin Dominance YTD
Bitcoin Dominance is a metric that determines how much share of the overall crypto market share is owned by Bitcoin. In 2021, we’ve seen Bitcoin decline from 71% to 42% and Ethereum climb from 11% to 20%.
How much longer will Bitcoin remain the most valuable cryptocurrency? Only time will tell.
January: Bitcoin 71%, Ethereum 11%
February: Bitcoin 62%, Ethereum 16%
March: Bitcoin 61%, Ethereum 12%
April: Bitcoin 58%, Ethereum 12%
May: Bitcoin 48%, Ethereum 15%
June: Bitcoin 42%, Ethereum 19%
July: Bitcoin 45%, Ethereum 18%
August: Bitcoin 47%, Ethereum 19%
September: Bitcoin 42%, Ethereum 20%