Researcher Messari claims those three coins accounted for 75% of like trading volume a year ago. Bitcoin recently endured another “halving” event, which means work done by supporting computers will now yield a decreased coin reward.
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Based on Volume, Top of the Crypto Market Drastically Consolidates: Report
The cryptocurrency market is consolidating, as the top three currencies—Bitcoin, Tether and Ethereum—now account for more than 90% of the exchange-based trading volume for top-10 cryptos. So reports Bloomberg.
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