Bitcoin reaches 50% market dominance for first time in 2 years

June 20, 2023

Blackrock’s spot ETF filing and the Securities and Exchange Commission’s crackdown on crypto are driving investors toward Bitcoin. Bitcoin (BTC) dominance, the measure of how much Bitcoin makes up of the total crypto market cap, has breached the 50% mark. On June 19 at 6 pm UTC, Bitcoin dominance hit just above 50% and has…
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