Cryptocurrencies
Bitcoin Adds Market Share in Recovery in Crypto Prices
- Lesser coins ignored as original token seen as biggest winner
- Value doubles since January in wake of 2018’s market collapse
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Bitcoin is proving to be the one true thing for digital-asset enthusiasts during the sudden resurgence in cryptocurrency prices.
As the value of the original crypto coin surged more than 30% to beyond $8,000 since Friday, Bitcoin’s market share as a percentage of the entire crypto universal increased to about 60% from 53% percent on Jan. 1, according to data provider CoinMarketCap.com.