Despite Market Volatility, Bitcoin's Dominance Soars Above 50% Again

Bitcoin's market share in terms of market capitalization relative to the total market capitalization of crypto tokens soared to 52.92% over the weekend, climbing from less than 50% at the end of May. Bitcoin is the largest crypto asset by market capitalization, and its market dominance has not fluctuated much over the past year. Bitcoin's price has remained in a range of 44 percent to 53 percent since last summer.