On: Crypto’s $600B Crash Hits a New Low

[guiomie]

"Although I'd like to point out that bitcoin is now a rather small fraction of the whole spectrum of crypto economy."

What? It's over 50% of total crypto market cap. And a huge chunk of the altcoins are barely liquid.

[bdcravens → guiomie]

A bit pedantic, but Bitcoin is a hair under 50%, unless you count Bitcoin Cash with it (about 4%)

[guiomie → bdcravens]

I was looking for a chart of that actually, what is your source? My point was also, a big chunk of alts do not have a super liquid market, makes it hard to count them seriously in all aggregate market cap.

[bdcravens → guiomie]

https://coinmarketcap.com/charts/#dominance-percentage

I do of course agree with your overall conclusion - Bitcoin is still the most dominant, it just doesn't have the majority of market cap (since late 2017)