It’s been another wild week in crypto land as news came out about bitcoin’s rising dominance. During episode 72 of The Wild West Crypto Show, hosts Drew Taylor and Brent Bates seemed breathless from tracking bitcoin’s roller-coaster ride. Titled ‘Bitcoin Dominance Reaches 70 Percent’, the segment discussed how, once again, the cryptocurrency has fallen below the psychological $10,000 mark. Together with the decline in other major alts, including Ethereum, Ripple’s XRP and Litecoin, this has erased some $20 billion in value from crypto investor portfolios.
While the cryptocurrency market may be in the doldrums, bitcoin dominance – a measure of how much of the total crypto-market cap is comprised of bitcoin – has risen to…
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