Bitcoin claimed 46.5 % of the cryptocurrency market for the first time since December last week , according to CoinMarketCap , confirming its position as a " gateway cryptocurrency " . posted over 1 year ago According to the data provided by CoinMarketCap, Bitcoin’s dominance recently hit the 46.5% mark for the first time since December 2017. Although the crypto reached a two - year high , its security is being seen as inadequate because numerous coins appear every day . Having remained strong through a plethora of initial coin offerings and and alt - coin introductions , bitcoin 's security is forecast to decline for the foreseeable future .
Bitcoin claimed 46.5 % of the cryptocurrency market for the first time since December last week , according to CoinMarketCap , confirming its position as a " gateway cryptocurrency " . Although the crypto reached a two - year high , its security is being seen as inadequate because numerous coins appear every day . Having remained strong through a plethora of initial coin offerings and and alt - coin introductions , bitcoin 's security is forecast to decline for the foreseeable future .