Glassnode information analyzed by CryptoSlate indicates that Bitcoin’s (BTC) marketplace dominance exceeded 40% for the archetypal clip since July 2022.

The illustration supra represents the BTC marketplace dominance since October 2020 with the orangish line. The BTC dominance was arsenic precocious arsenic 70% astatine the opening of 2021. However, this percent retreated to conscionable supra 40% successful January 2022, lone declining further during the year’s archetypal half.
Except for a abbreviated spike wherever BTC dominance reached 48% successful precocious June, the dominance complaint was lingering beneath 40%.
The station BTC marketplace dominance exceeds 40% aft 6 months appeared archetypal connected CryptoSlate.