The Crypto King's Uncertain Throne Bitcoin's dominance in the cryptocurrency market has faced challenges in recent months, but its position remains unchallenged for now.
Market capitalization and market share are imperfect measures of a currency's strength, yet they provide a rough gauge of where things stand. Bitcoin's $1.
3 trillion valuation accounts for nearly 60% of the entire crypto market's value. This is comparable to the proportion of global wealth held in US Treasury bonds, a traditional safe haven asset.