Gold Off To A Slow Start As Central Banks Pivot Toward Digital Currencies

Bitcoin Dominance Drops to 50% for the First Time in Three Years

In any case, Bitcoin’s weakness could very well be other cryptos’ boon. For the first time in three years, its market cap as a percent of the total cryptocurrency ecosystem dropped to 50% last week as its price slid. When this has happened in the past, according to Cointelegraph, other coins have moved in to pick up the slack, with gains led by Ether. Indeed, Ether hit a new all-time high of $2,583 last week as analysts predict further advances on a scheduled drop in supply.

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