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Ethereum Upgrade Raises Concerns as Bitcoin Dominance Continues
Ethereum's Shanghai upgrade has led to concerns among investors, particularly regarding a potential sell-off of tokens unlocked after the upgrade, causing uncertainty in the market. Meanwhile, Bitcoin's dominance rate continues to rise and is currently at the highest level since July 2021.
Social Dominance on Bitcoin Takes the Lead, BTC Addresses Created Hitting 1 Billion
Bitcoin continues to be the talk of the town based on high social dominance levels, according to Santiment.
Social Discussion on Ethereum Hit a 2-Month High, Active Addresses Scale the Heights
Ethereum’s social volume and dominance reached levels last seen in February based on significant discussions about the second-largest cryptocurrency.
Bitcoin Struggles to Maintain Its Dominance
Bitcoin’s dominance has fallen to 44%, which is the lowest level BTC has gotten since 2018.
Ethereum Killers: Emerging Smart Contract Platforms to Rival ETH Dominance
While Ethereum dominance in decentralized finance (DeFi) cannot be denied, rival smart contract platforms the Ethereum Killers note significant value growth as well.
Bitcoin’s Dominance Peaks as BTC Price Unmoved by XRP's Massive Sell-Off
Bitcoin’s dominance has reached a new high, and BTC’s dominance has not had much rejection so far.
Why Bitcoin Has Threatened US Dollar Dominance and Federal Reserve
How Bitcoin has threatened US dollar dominance and Federal Reserve power, and has been reducing the role of the government in issuing money.
Bitcoin Dominance Hits 70% at 30-Month High While Altcoins are Dying
Bitcoin now accounts for just over 70 percent of the total cryptocurrency market capitalization as of September 3rd according to CoinMarketCap.