Key Bitcoin Metric Barrels to Highest Level Since December 2017

By CCN: As the bitcoin price bounded to a new 2019 high on Friday, a key market metric quietly surged to its highest level since December 2017 when the bitcoin price peaked at an all-time high just under $20,000. Bitcoin Market Share Explodes to 17-Month High That metric, “Bitcoin Dominance,” measures what percentage of the overall cryptocurrency market cap belongs to bitcoin. According to CoinMarketCap, Bitcoin Dominance jumped to 58.4% on Friday as the flagship cryptocurrency smashed through resistance to set a new six-month high at $6,425 on Bitstamp. Bitcoin currently boasts a $113.4 billion market cap, compared to a combined $80.8 billion split

The post Key Bitcoin Metric Barrels to Highest Level Since December 2017 appeared first on CCN

source https://www.ccn.com/key-bitcoin-metric-barrels-to-highest-level-since-december-2017

READ MORE http://bit.ly/2vOHktr

from Cryptocurrency News http://bit.ly/2PUosT9
via IFTTT Join Robinhood and we'll both get a stock like Apple, Ford, or Sprint for free. Make sure you use my link. http://bit.ly/2G2HXWf Email me at justplanegonefilms@gmail.com after signing up with my link, and I will personally help you with choosing which stocks to invest!