Bitcoin and Ethereum together made up more than half of the crypto market in 2024, with newer coins losing out. One example is Polkadot or DOT, an altcoin that went live in August 2020 but, at first, increasingly attracting interest in 2021 as it was seen as a viable competitor to Ethereum's blockchain structure. Indeed, six months after its initial release, the value of Polkadot was already six times higher than it during its launch. By 2024, the market position of Ethereum had not changed that much.
Bitcoin (BTC), Ethereum (ETH) dominance - their market cap relative to the market cap of all other cryptocurrencies in the world - on June 21, 2024
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TradingView. (June 21, 2024). Bitcoin (BTC), Ethereum (ETH) dominance - their market cap relative to the market cap of all other cryptocurrencies in the world - on June 21, 2024 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1269302/crypto-market-share/
TradingView. "Bitcoin (BTC), Ethereum (ETH) dominance - their market cap relative to the market cap of all other cryptocurrencies in the world - on June 21, 2024." Chart. June 21, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1269302/crypto-market-share/
TradingView. (2024). Bitcoin (BTC), Ethereum (ETH) dominance - their market cap relative to the market cap of all other cryptocurrencies in the world - on June 21, 2024. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1269302/crypto-market-share/
TradingView. "Bitcoin (Btc), Ethereum (Eth) Dominance - Their Market Cap Relative to The Market Cap of All Other Cryptocurrencies in The World - on June 21, 2024." Statista, Statista Inc., 21 Jun 2024, https://www.statista.com/statistics/1269302/crypto-market-share/
TradingView, Bitcoin (BTC), Ethereum (ETH) dominance - their market cap relative to the market cap of all other cryptocurrencies in the world - on June 21, 2024 Statista, https://www.statista.com/statistics/1269302/crypto-market-share/ (last visited November 21, 2024)
Bitcoin (BTC), Ethereum (ETH) dominance - their market cap relative to the market cap of all other cryptocurrencies in the world - on June 21, 2024 [Graph], TradingView, June 21, 2024. [Online]. Available: https://www.statista.com/statistics/1269302/crypto-market-share/
