Bitcoin's market share has fallen below 60%, a new low since February
On August 13, Bitcoin's dominance fell below 60% for the first time since February 1. This figure represents Bitcoin's share of the total cryptocurrency market capitalization. Bitcoin's market cap is currently $2.39 trillion, while the entire cryptocurrency market has surged to over $4 trillion, setting a new historical high. Ethereum has been a key driver of the cryptocurrency rally, with its price climbing to $4,700. The last time Bitcoin's dominance was this low, its price was below $100,000.
