Cryptocurrency18 minutes ago (May 28, 2022 12:40PM ET)
3 reasons why Bitcoin is regaining its crypto market dominance
(BTC) is regaining its lost crypto market dominance even as it trades nearly 60% below its record highs.
The Bitcoin Market Dominance (BTC.D) index, a metric that weighs BTC’s market capitalization against the rest of the cryptocurrency market, jumped to around 47% on May 27, its highest since October 2021.
