Bitcoin Hits 3-Year High, Ethereum Slips: CoinGecko
CoinGecko Q3 Crypto Industry Report determined that the whole market has shrunk by 1.0%. Bitcoin enjoys a 3-year high for market domination, and Ethereum is slipping in several metrics.
Several minor concerns need addressing, but the quarter as a whole has been positive for crypto.
Bitcoin in World Markets
CoinGecko report described several interesting market trends. At first glance, Bitcoin is performing quite well, with a share of the total crypto market over 53%. Moreover, as of writing, Bitcoin dominance stands over 58%.
This would mark Bitcoin’s highest dominance relative to other crypto assets since its bull run in April 2021.
Read More: Bitcoin (BTC) Price Prediction 2024/2025/2030
