Bitcoin dominance - or the percentage of total crypto market cap that is Bitcoin's - is continuing to see a 2018 record-high percentage, at close to 50.9 percent.
Weekly losses remain at about 10 percent, while on the month Bitcoin is up around 1.42 percent.
On CoinMarketCap's listings, all of the top 25 crypto assets by market cap are seeing a healthy flush of green, with gains on the day pushing as high as around 5-6 percent.
Among the top ten coins by market cap, Stellar and Litecoin are up the most, both seeing almost 6 percent growth on the day.
Another leading performer among the top ten coins is anonymity-oriented altcoin Monero, in 10th place by market cap, up almost 4 percent and valued around $93.66 at press time.
Among the top twenty coins by market cap, IOTA, number 11th, is up 4.44 percent and is trading at $0.54 at press time.
As noted, for the second day running, Bitcoin's share of the total market cap is above 50 percent and is pushing 51 percent at press time.
BTC dominance has been consistently on the rise as of mid-May, while the second-ranked crypto, Ethereum, has seen a downtrend on the month in terms of its total market cap share, down to around 15 percent today.
Total market capitalization of all cryptocurrencies is around $214.7 billion at press time, close to its lowest levels on the three-month chart, only hitting lower points in the past two days, and up slightly from yesterday's low around $207 billion.
As compared with $410.6 billion in mid-May, the market is coming bearishly close to a 50 percent decline.
Cryptos See Widespread Green, But Total Market Cap Remains Close to 3-Month Low
Published on Aug 12, 2018
by Cointele | Published on Coinage
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