‘Altcoin season’ anyone? Bitcoin dominance tumbles after XRP victory
BTC/USD
+3.00%
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Bitcoin (BTC) dominance has taken a tumble in the wake of Ripple’s partial victory against the United States Securities and Exchange Commission, with a surge in altcoin prices briefly causing BTC dominance to fall under the 50% mark.
Bitcoin dominance — the measure of how much Bitcoin makes up of the total crypto market cap — fell to 49.76% during Asian trading on July 14, according to Tradingview.
BTC market cap dominance. Source: Tradingview
