47.71% BTC Dominance a Possibility After Tapping 44.18%

2022.05.27 18:46

47.71% BTC Dominance a Possibility After Tapping 44.18%

• Market dominance: Bitcoin (BTC) 44.18%; Ethereum (ETH) 16.87%; Tether 5.9%.
• BTC Dominance then tapped 46.58%.
• Traders are leaning more towards the larger cryptos amid the current market sell-off.

CoinGecko, the world’s largest independent cryptocurrency data aggregator, shared some numbers of the current market dominance in a tweet on May 27. According to CoinGecko, the current market dominance is as follows: Bitcoin (BTC) 44.18%, Ethereum (ETH) 16.87%, and Tether 5.9%.

Market dominance (Source: CoinGecko)

Another Twitter (NYSE:TWTR) user, Altcoin Buzz, also commented on the current market dominance. The u …

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