Crypto Markets Continue Rising While Bitcoin's Dominance Continues to Drop

Published on by Cointele | Published on

Monday, April 1 - crypto markets have continued to rise, with Bitcoin seeing stable growth over the day, according to data from CoinMarketCap.

Over the past 24 hours, Tezos is down about 5.7 percent, while Cardano dropped around 0.9 percent.

The biggest cryptocurrency, Bitcoin, is up 1.4 percent over the day, trading at $4,160 at press time.

Over the past 7 days, Bitcoin is up more than 3.5 percent, with its intraweek low of $3,937, while the highest intraweek threshold amounted to $4,227.

The top altcoin is also up around 4.5 percent over the past 7 days.

Ripple, the third-top cryptocurrency by market cap, is up about 0.8 percent over the past 24 hours, trading at $0.312 at press time.

Privacy-focused altcoin Monero is up more than 8.3 percent, while Dash is up around 8 percent.

While crypto markets have continued to grow, Bitcoin's market share has dropped further.

Over the past 30 days, Bitcoin's dominance declined from 51.9 percent to the current 50.1 percent, which accounts for around $73 billion.

Over the day, Bitcoin's dominance rate dropped from 50.14 percent to 50.09 percent.

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