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Thursday

13 May 2021

Ethereum hits $2.6K all-time high as Bitcoin market dominance falls below 50%

Ethereum hits $2.6K all-time high as Bitcoin market dominance falls below 50%


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Ether (ETH), the largest altcoin by market cap, hit new all-time highs on April 22 despite a bearish phase sweeping through Bitcoin (BTC) and other cryptocurrencies.

As Cointelegraph reported, altcoins' overall strength this month was already expressing itself in Bitcoin's dwindling market cap dominance, which dipped below 50% for the first time in almost three years.

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cointelegraph.com
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