July 22, 2016
Bitcoin drops dominance to under 80%
Today is the first time I’ve seen Bitcoin drop to under 80% dominance on the coinmarketcap.com board. With Ethereum up over 15%, the BTC dominance has slipped to 79.4%. Speculators argue both the higher fees to mine btc and the successful hard fork of ETH are contributing factors. The current price of btc is $660, while eth is trading at $14.23.