The total market cap for all cryptocurrencies at the end of Q4 stood at ~US$130 billion. The middle and end of Q4 was marked with a violent drop in all cryptocurrencies. Bitcoin dominance, which can be used as a market wide confidence index, held steady at around 50% throughout most of the quarter. As ICOs or coins are continually added to the ecosphere, Bitcoin is unlikely to ever return to >80% market cap dominance.
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The total market cap for all cryptocurrencies at the end of Q4 stood at ~US$130 billion. The middle and end of Q4 was marked with a violent drop in all cryptocurrencies. Bitcoin dominance, which can be used as a market wide confidence index, held steady at around 50%...