2022. Currently

According to reports, according to data from Trading View, Bitcoin’s dominant position (BTC’s market share in the entire encryption market) has reached a nine month high of 45.5%. The last time it reached 45% or more was on June 25, 2022. Bitcoin’s dominance rose to 45.5%, reaching a 9-month high Analysis based on this information:Bitcoin’s dominance in the cryptocurrency market has surpassed a nine-month high of 45.5%, reveals data from Trading View. This figure shows that the market share of Bitcoin, the first cryptocurrency that created a buzz globally, has increased despite the emergence of new altcoins. The last time Bitcoin’s dominance was at such a high level was on June 25, 2022. Currently, the market capitalization of Bitcoin is about $1.1 trillion, with a trading value of $60,000, as of the time of writing. This trend suggests that there’s been a shift in the global cryptocurrency market in recent times, with Bitcoin regaining its position as the default/crypto standard….