Bitcoin, which has seen more than a 30% drop in price, today has a record low market capitalization rate across the entire Crypto Market. This is mainly due to the hedging of portfolios through Ripple and Ethereum. Bitcoin's dominance index, as the benchmark of the Cripto market, reached 37.6%. This level is the lowest since June 2017. and shows how the legend of the crypto market is weakening. After a massive $ 80 billion jump, Ripple settled down to a second Cripping Currency. Although Etereum managed to regain its previous position, this time Ripple has built a great deal of trust among the major banks in Japan and South Korea, where the bulk of its trading volume is concentrated.
Source: Finance Magnates
Jr Trader Petar Milanov
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