DataLight Researches

BTCX (True Bitcoin Dominance index) reached maximum of 2019

July 10, 2019

author:

BTCX (True Bitcoin Dominance index) reached maximum of 2019

In consequence of the growth of the main cryptocurrency and the fall of the TOP altcoins, the BTCX index has reached a figure of 78%, updating the maximum of this year.

Note that BTCX is an analogue of the dollar index for classical financial markets. It is calculated as the capitalization of Bitcoin divided by the capitalization of the TOP5 cryptocurrencies, including Bitcoin.

Share this article