Cryptocurrency Q&A
What is the market share of BTC and ETH?
What is the market share of BTC and ETH?
Lorenzo
Mon Dec 30 2024
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5 answers
853
I want to know the market share of Bitcoin and Ethereum. Specifically, I'm interested in understanding the percentage or proportion of the total cryptocurrency market that is occupied by BTC and ETH respectively.
5 answers
Martina
Wed Jan 01 2025
In January 2017, BTC's market share peaked at over 80%, indicating its near-monopoly status within the cryptocurrency ecosystem.
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DigitalDragon
Wed Jan 01 2025
However, by January 2022, this figure has significantly dropped to approximately 40%, highlighting the emergence of other cryptocurrencies that are competing for market share.
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GeishaMelody
Wed Jan 01 2025
BTC stands as the most significant cryptocurrency in the digital asset space.
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Ilaria
Wed Jan 01 2025
Ether (ETH) has emerged as a key player in the alternative cryptocurrency segment, with its market share now standing at about 18%.
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HanbokElegance
Wed Jan 01 2025
Despite its pivotal role, BTC's dominance in the market has witnessed a gradual decline over the years.
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