{"id":77052,"date":"2023-04-11T20:18:41","date_gmt":"2023-04-11T17:18:41","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=77052"},"modified":"2025-09-10T21:02:20","modified_gmt":"2025-09-10T18:02:20","slug":"bitcoin-dominance-index-reaches-levels-last-seen-in-summer-2021","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-dominance-index-reaches-levels-last-seen-in-summer-2021\/","title":{"rendered":"Bitcoin dominance index reaches levels last seen in summer 2021"},"content":{"rendered":"

Bitcoin’s share of the total cryptocurrency market capitalization rose above 45% \u2014 a level last reached in mid-2021.<\/p>\n

<\/p>\n

At the start of January, the dominance index of digital gold stood at 38%. After that, the asset rose by 82%, crossing the $30,000 threshold<\/a>.<\/p>\n

\\\"Dominance\\\"
Bitcoin dominance index dynamics. Data: TradingView<\/a>.<\/figcaption><\/figure>\n

The current rise in the indicator is notable for taking place against the backdrop of a broad market rally, not the other way around (as had often happened previously \u2014 for example, at the turn of 2020\u20132021).<\/p>\n

\\\"CoinGecko-21\\\"
Data: CoinGecko<\/a>.<\/figcaption><\/figure>\n

At the time of writing, Ethereum’s dominance index stood at 17.9%, the stablecoin USDT at 6.32%, and BNB at 3.96%.<\/p>\n

Total market capitalization is $1.28 trillion, according to CoinGecko<\/a>.<\/p>\n

In March, CNBC’s poll of major players projected Bitcoin to rise to $100,000<\/a>.<\/p>\n

The head of Equity Management Associates, Larry Lepard expressed confidence<\/a> in Bitcoin reaching $10 million in the long term.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin’s share of the total cryptocurrency market capitalization rose above 45%.<\/p>\n","protected":false},"author":1,"featured_media":77053,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,480],"class_list":["post-77052","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-bitcoin-price"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/77052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=77052"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/77052\/revisions"}],"predecessor-version":[{"id":77054,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/77052\/revisions\/77054"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/77053"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=77052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=77052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=77052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}