Tether (USDT) dominance history up to September 25, 2024

Published by
Raynor de Best,
Sep 25, 2024

The dominance of Tether (USDT) increased as of November 2021, although its market share in the crypto market was not as high as during the summer. Within the crypto world, this so-called "dominance" ratio is one of the oldest and most investigated metrics available. It measures the coin's market cap relative to the overall crypto market - for instance, it shows how strong Bitcoin is compared to all the other cryptocurrencies that are not BTC, called "altcoins".

Tether (USDT) market dominance - its market cap relative to the market cap of all other cryptocurrencies in the world - from March 2015 to September 25, 2024

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Release date

September 2024

Region

Worldwide

Survey time period

March 2015 to September 25, 2024

Supplementary notes

Monthly figures are as of the end of that particular month.

Figures have been rounded.

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