Bitcoin surrenders market dominance
MONEYWEB app instead? 00:01 Even JP Morgan sees upside in Ethereum as institutions can now invest in the cryptocurrency via ETFs. Image: Chris Ratcliffe, Bloomberg Bitcoin ended the month of April in the red â its first losing month since September 2020. Not that its April performance (-2%) was a shocker, but it paled alongside altcoins, which registered an average 47% gain for the month. In January, bitcoin accounted for 73% of the total crypto market cap. That figure has now sunk below 50%. âGiven the historical and psychological significance of the 50% (market cap) level, a ...