Bitcoin dominance increases, ETH market shaping, stablecoin and smart contract coins rise-market tactualizations

On Wednesday, the crypto economy of 12,620 coins on 543 stock exchanges hovers just above the $ 2-billion mark. Since the market slump in crypto economy, the market dominance of Bitcoin has slowly increased from the 37%zone over 38%-span of all existing coins. Meanwhile, Ethereum's market dominance has decreased because it has dropped from 18.6 % to 17.7 % since January 6th.

Dominance shifts from Bitcoin and Ethereum, Top Stablecoin and Smart Contract token Main more than 44 % of 2-Billion dollar crypto management

bitcoins (btc) market control has increased Ethereum (eth) The dominance of the crypto economy has decreased in the past two weeks. Market dominance is the overall rating of the crypto asset compared to the entire crypto market economy of $ 2.08 trillion.

on January 6, 2022, Bitcoin The dominance of Ethereum has been slipping to the lowest stand for three years (37.7 %). The key figure has increased to the 38 % region, while the market dominance from Ethereum decreased from 18.6 % to 17.7 %

A large number of other coins have experienced changes to the market dominance and the crypto assets binanz coin (bnb) has a market dominance rating (MDR) of around 3.37 %. tether (usdt) orders an MDR of 3.35 % and cardano (ada) has 2%.

The stable coin usdc ’s MDR today is 1.95 % and Solanas (sol) The market evaluation is 1.85 %. The distributed-Ledger technology-token xrp)

following xrp , is Terras (luna) market evaluation, which constitutes 1.22 % of the crypto economy, and polar cadots (dot) 1.03 %. Represent the stable coins worth $ 173 billion 8.30 % The crypto totaling and the smart-contract platforms worth 738 millions of dollars 35.36 % of the value of all coins existing today.

The $ 11.8 billion in Is in the area 0.56 % of the net capacity of the crypto economy on Wednesday. , however Command 2.15 % of the digital monetary industry with $ 45 billion.

What do you think about the shifts of the market dominance of Bitcoin and Ethereum in the past two weeks? What do you think about the 44 % of the total value, the stable coins and smart contract tokens today? Let us know your opinion on this topic in the comment area below.

Jamie Redman

Jamie Redman is the news manager at Bitcoin.com News and a Journalist for Financial Technology living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com news about the disruptive protocols that arise today.

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