Bitcoin dominance exceeds 70% for the first time since March 2017 — but that doesn’t mean shit

The Next Web
By David CanellisSep 3, 2019, 8:41 am68 pts
Bitcoin‘s market capitalization has exceeded 70 percent of the total cryptocurrency market for the first time since March 2017 — when it was worth just $1,000 per coin. This metric is commonly referred to as its “dominance.” It’s a rather simple estimate that’s typically used to show how popular…

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