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TechFlow news, May 11 — According to CoinMarketCap data, Bitcoin's market dominance has dropped to 62.0%, with a 24-hour decline of 2.32%.
Bitcoin market dominance is a metric used to measure Bitcoin's relative market share or leading position within the entire cryptocurrency sector. It represents the percentage of Bitcoin's total market capitalization relative to the combined total market capitalization of all cryptocurrencies.
According to CoinMarketCap data, Bitcoin's market dominance has dropped to 62.0%, with a 24-hour decline of 2.32%. Bitcoin's market dominance is a metric used to measure Bitcoin's relative market share or leading position within the entire cryptocurrency space. It represents the percentage of Bitcoin's total market capitalization relative to the combined total market capitalization of all cryptocurrencies.
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