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Investors Fleeing Altcoins as Bitcoin Dominance Rate Hits 50% for First Time in 2018 samcrypto.com

Submitted by silvershow in Bitcoin

According to data from CoinMarketVap, Bitcoin (BTC) now makes up 50 percent of the entire cryptocurrency market capitalization.

Specifically, CoinMarketCap’s bitcoin dominance rate (which is an indicator that tracks the percent of the total cryptocurrency market capitalization contributed by the leading cryptocurrency) reached 50 percent for the first time since December 19th, 2017.

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