Skip to content

The Art of The Bubble

Trading Bitcoin, Cannabis and Everything Bubbly…

  • About Us
    • Welcome
    • Contact Us
    • Disclaimers
      • Results are not typical
      • Privacy Policy
  • Art of the Bubble Series
    • An Absolute Beginner’s Guide
      • Lesson 0: Why Doesn’t Everyone Do This?
      • Lesson 1: The Mechanics of Exchanges and Trades
      • Lesson 2: The Structure of the Stock Market
      • Lesson 3: The Structure of Stock and Crypto Indices
      • Lesson 4: How to Identify the Value of Stocks
      • Lesson 5: Bitcoin’s Intrinsic Value
      • Lesson 6: Why People Feel Good About 80% Losses (And How To Avoid That)
      • Lesson 7: Trading Momentum
      • Lesson 8: A 3-Step Method For Late-Start Trades
      • Lesson 9: The Simplest Way to Make Money During a Bitcoin Crash
      • Lesson 10: How to Make Money During a Crash
      • Lesson 11: What To Do When You’re Late To Exit A Crash
    • The Art of the Bubble
      • Lesson 1: Don’t Try to guess the Top
      • Lessons 2 and 3: An Introduction to Momentum Methodology
      • Lesson 4: Learn to Use Lead Indicators
      • Lesson 5 – Why Only Big Bubbles Will Change Your Life
      • Lesson 6: Use Relative Risk Assessments To Determine If You Should Trade A Bubble
      • Lesson 7: Level one strategy is the big picture
      • Lesson 8: How To Use Internal Leverage and Psychological Dynamics
      • Lesson 9: How The Broader Economic Environment Structures Your Trades
      • Lesson 10: How To Distinguish Bubbles (And How To Trade Them)
      • Lesson 11: The Art of the Crash
      • Lesson 12: Learn How To Scale Your Trades
      • Lesson 13: How To Trade A Bubble Bounce
      • Lesson 14 – Learning To Use Uncorrelated Assets
      • Lesson 15: How to Defeat The Paradox of Investing
      • Lesson 16: How To Trade as a Crypto Maxi
    • Portfolio Optimization
      • Lesson 1: The Secret to 10x Outperformance Over Bitcoin
      • Lesson 2: Statistical v. Logical Optimization
      • Lesson 3: Strategy Diversification
      • Lesson 4 : Relative Performance Analysis
      • Lesson 5: How To Make Money in All Crypto Seasons
      • Lesson 6: The Dumbest Way to Improve Your Investments
      • Our Model
  • DISCORD
  • Log In
    • Account
    • Bubble Rider Report
      • Bubble Rider – Stock Ticker
        • Bubble Rider – Stock Ticker Archives
      • Bubble Rider Report – Archives
    • Crypto Rider Report
      • Crypto Ticker
        • Crypto Ticker Archives
      • Crypto Rider Report – Archives
    • DIY-er Report
      • DIY-er Ticker
        • DIY-er Ticker Archives
      • DIY-er Report – Archives
  • Free Newsletter
Watch Online
  • Home
  • 2022
  • August
  • BTC On Its Way Out The Door, Discover Who Will Be The New Boss!

BTC On Its Way Out The Door, Discover Who Will Be The New Boss!

Today we're tracking the Market Dominance of the two top coins by Market Cap, Bitcoin and Ethereum.
2 min read
Top Performing Coins

Top Coins by Market

Today we’re tracking the Market Dominance of the two top coins by Market Cap, Bitcoin and Ethereum.

As a quick review, Market Capitalization is the total number of coins multiplied by current price. How much of the Total Market Capitalization (the Crypto Industry as a whole) one coin makes up is the Dominance of that coin (a percent of the Total Market).

Our chart shows the Dominance of BTC (in Blue) and ETH (in Red) with an overlay of a third, golden line.

Looking first at Bitcoin and Ethereum’s Dominance, we see BTC losing dominance but… ETH hasn’t gone up to account for the entire difference. ETH has of course gone up a little, most likely in anticipation of the halvening, and from a little conversion to ETH from BTC. But looking at these two alone brings up a new question: if Bitcoin isn’t losing dominance to Ethereum, then to who?

The Golden Line:

Looking at the rest of the market, we see that interest is flowing not from the biggest coin simply to the second biggest, but to a mix of everything else in general. These are the Alt-Coins.

Our gold line represents the Market Dominance of Bitcoin over Market Dominance of both ETH and many smaller Alt-Coins. It is worth noting, however, that what we are excluding in this golden line is most DeFi and large L1 projects because they tend to move with ETH anyways.

Photo by Elle Hughes

This ratio, then, means that as BTC is losing dominance, no single coin (like ETH) is taking over, but that everyone else is getting a piece of the pie.

And, with the latest Total Market Capitalization rallying above the $1 Trillion mark, that means everyone is getting a bigger piece of a bigger pie! Yum!


If you found this helpful, Subscribe to The Art of the Bubble’s free newsletter!

Join us on Discord for live chat and daily updates!

Tags: Bitcoin crypto crypto investing Crypto market crypto news crypto wallet cryptocurrency Ethereum

Continue Reading

Previous: The Trend Doesn’t Stop: USDC, the Clear Favorite over USDT!
Next: Ethereum Won’t Be Much Better After The Merge, So Why Is It Up By 49%?

Related Stories

Cryptocurrency, Bubbles, And Financial Freedom: Some Perspective On Where We Are Now
2 min read

Cryptocurrency, Bubbles, And Financial Freedom: Some Perspective On Where We Are Now

Whales Continue Moving Risk-Off As They Handle Stablecoins and Basic Staking
1 min read

Whales Continue Moving Risk-Off As They Handle Stablecoins and Basic Staking

We Are Seeing An Increase In NFT Activity: Momentum Is Still Weak 
1 min read

We Are Seeing An Increase In NFT Activity: Momentum Is Still Weak 

View Subscriber Plans

  • Cryptocurrency, Bubbles, And Financial Freedom: Some Perspective On Where We Are Now
  • Whales Continue Moving Risk-Off As They Handle Stablecoins and Basic Staking
  • We Are Seeing An Increase In NFT Activity: Momentum Is Still Weak 
  • Our Portfolio Maintains Positive Numbers As We Outperform The Benchmark by 51% Since Last Year
  • The AOTB News Update: CryptoWhales Increase Their Shib Inu Stash Overnight

You may have missed

Cryptocurrency, Bubbles, And Financial Freedom: Some Perspective On Where We Are Now
2 min read

Cryptocurrency, Bubbles, And Financial Freedom: Some Perspective On Where We Are Now

Whales Continue Moving Risk-Off As They Handle Stablecoins and Basic Staking
1 min read

Whales Continue Moving Risk-Off As They Handle Stablecoins and Basic Staking

We Are Seeing An Increase In NFT Activity: Momentum Is Still Weak 
1 min read

We Are Seeing An Increase In NFT Activity: Momentum Is Still Weak 

Our Portfolio Maintains Positive Numbers As We Outperform The Benchmark by 51% Since Last Year
1 min read

Our Portfolio Maintains Positive Numbers As We Outperform The Benchmark by 51% Since Last Year

  • About Us
  • Art of the Bubble Series
  • DISCORD
  • Log In
  • Free Newsletter
Copyright © All rights reserved. | DarkNews by AF themes.