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The market share of Bitcoin has risen by 6% so far this year

The market share of Bitcoin has risen by 6% so far this year

Bitget2024/09/21 08:00
BTC-0.88%ETH-0.70%

BlockBeats reports that on September 21, according to Intotheblock data, Bitcoin's market share has risen by 6% so far this year. Ethereum has increased by 0.2% this year to date, while Bitcoin has risen about 43% over the same period.

In addition, the total market value of stablecoins has increased its market share at the expense of Ethereum, with its proportion of BTC, ETH and total stablecoin market value growing from 7% to 10%. The USDT market cap hit a historic high of $118 billion USD. This is also the main driving force for stablecoins taking away market shares from ETH in the past six months.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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