Title

As 2019 closes, a look back at what happened to the altcoin boom

Bitcoin is not only back over the 50% market share mark, it has effectively doubled its portion of crypto worth over the last two years.

We’ll start with a look at the data and then we’ll highlight three ideas concerning what changed that pushed altcoins down, and bitcoin back up.

But it does show how over the last two years bitcoin’s share of the value of traded cryptos has doubled.

January 15, 2018, bitcoin share of total crypto market cap: ~33%

December 15, 2019, bitcoin share of total crypto market cap: ~66%

December 15, 2019, bitcoin share of total crypto market cap: ~66%

December 15, 2019, bitcoin share of total crypto market cap: ~66%

December 15, 2019, bitcoin share of total crypto market cap: ~66%

Full Article