Bitcoin Dominance Rate Hits 50% For First Time in 2018 / Tingkat Dominasi Bitcoin Hits 50% Untuk Pertama Kalinya di 2018
Bitcoin (BTC) now makes up 50 percent of the entire cryptocurrency market capitalization.
Shortly past 03:00 UTC on August 11, CoinMarketCap's bitcoin dominance rate – 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.
At press time, bitcoin's market capitalization now records $105,785,552,545, which is about $901 million more than the market capitalization of every other cryptocurrency combined.
The above chart shows bitcoin's dominance rate has been on a steady incline over the past few months, currently representing a 14 percent increase from May 1st. In the same time period the market dominance of all other cryptocurrencies have largely been on the decline.
Conditions were much different the last time bitcoin's market dominance was above 50 percent.
On Dec. 19th, the average price of BTC was $17,605.81 across exchanges - an 65 percent higher price than the cryptocurrency's value today, according to the CoinDesk Bitcoin Price Index.
Grafik di atas menunjukkan tingkat dominasi bitcoin telah pada incline stabil selama beberapa bulan terakhir, saat ini mewakili peningkatan 14 persen dari 1 Mei. Dalam periode waktu yang sama, dominasi pasar dari semua cryptocurrency lainnya telah mengalami penurunan.
Kondisinya jauh berbeda saat terakhir dominasi pasar bitcoin di atas 50 persen.
Pada 19 Desember, harga rata-rata BTC adalah $ 17,605.81 di seluruh bursa - harga 65 persen lebih tinggi dari nilai cryptocurrency hari ini, menurut Indeks Harga Bitcoin CoinDesk.
Grafik di atas menunjukkan tingkat dominasi bitcoin telah pada incline stabil selama beberapa bulan terakhir, saat ini mewakili peningkatan 14 persen dari 1 Mei. Dalam periode waktu yang sama, dominasi pasar dari semua cryptocurrency lainnya telah mengalami penurunan.
Kondisinya jauh berbeda saat terakhir dominasi pasar bitcoin di atas 50 persen.
Pada 19 Desember, harga rata-rata BTC adalah $ 17,605.81 di seluruh bursa - harga 65 persen lebih tinggi dari nilai cryptocurrency hari ini, menurut Indeks Harga Bitcoin CoinDesk.
source : https://www.coindesk.com/bitcoin-dominance-rate-hits-50-for-first-time-in-2018/