CoinGecko report highlights dominance of Bitcoin

Published by
City AM

By Darren Parkin Market analyst CoinGecko has revealed its quarterly findings show that Bitcoin’s market dominance has returned to levels last seen in the second quarter of 2021. Figures show the leading cryptocurrency reached a market share of 47.9 per cent as investors rotated out of alt coins over the last three months. However, trading volume fell by almost 20 per cent on the previous quarter, largely due to losses from spot markets, with centralised exchanges hit harder than decentralised exchanges – 43 per cent and 28 per cent respectively. “Q2 was mainly marked by crypto regulation, wit…

Read More