47.71% BTC Dominance a Possibility After Tapping 44.18%

  • Market dominance: Bitcoin (BTC) 44.18%; Ethereum (ETH) 16.87%; Tether 5.9%.
  • BTC Dominance then tapped 46.58%.
  • Traders are leaning more towards the larger cryptos amid the current market sell-off.

CoinGecko, the world’s largest independent cryptocurrency data aggregator, shared some numbers of the current market dominance in a tweet on May 27. According to CoinGecko, the current market dominance is as follows: Bitcoin (BTC) 44.18%, Ethereum (ETH) 16.87%, and Tether 5.9%.

Market dominance (Source: CoinGecko)
Market dominance (Source: CoinGecko)

Another Twitter user, Altcoin Buzz, also commented on the current market dominance. The u …