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above shows, however, alternative cryptocurrency markets are now providing better returns for investors (at least in the short term). With a market cap nearing 4bn, the ethereum is gaining a more liquid market that is better better suited for trading, and institutional firms are starting to notice. But there's evidence that this longstanding narrative could be changing. Watch: Bitcoin could be the biggest bubble in history here's how show chapters. Unlike many other protocols, ethereum has a clearer value proposition in that it is designed not to be a digital currency, but a platform for decentralized applications based on blockchain. At press time, BTC/USD was trading at 7,734 according to Cointelegraphs price index, up 3 empresa trabajo desde casa manualidades percent on the day and completing weekly gains of just under 16 percent.
By contrast, at the start of 2017, its market share stood at over 80 percent. Market analysts have continued to be less positive, however, with crypto commentator WhalePanda continuing a narrative that dominance represents a meaningful statistic in crypto markets. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Show chapters, bitcoin's dominance of the cryptocurrency market is at its lowest level ever thanks to rising interest in alternative digital coins. Despite market cap becoming a dubious metric for testing Bitcoins underlying health, the 2018 record did not escape media attention, while various industry players also appeared enthusiastic about Mondays performance. This has led to an interesting, observable trend. Dave Chapman, managing director at cryptocurrency trading trabajo desde casa madrid firm Octagon Strategy, sees the price of bitcoin exceeding 100,000 before the end of 2018.