common-close-0
BYDFi
Trade wherever you are!

What is the current USDT dominance chart in the cryptocurrency market?

avatarAbhi reddyDec 25, 2021 · 3 years ago3 answers

Can you provide the latest USDT dominance chart in the cryptocurrency market? I am interested in knowing the current market share of USDT compared to other cryptocurrencies.

What is the current USDT dominance chart in the cryptocurrency market?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! The current USDT dominance chart in the cryptocurrency market shows that USDT has a market share of around 60%. This means that out of the total market capitalization of all cryptocurrencies, USDT accounts for approximately 60%. It is important to note that this dominance can fluctuate over time as the market conditions change.
  • avatarDec 25, 2021 · 3 years ago
    The USDT dominance chart in the cryptocurrency market is a graphical representation of the market share of USDT compared to other cryptocurrencies. It provides insights into the popularity and usage of USDT in the market. The current chart shows that USDT has a significant dominance, indicating its widespread adoption and use in the cryptocurrency ecosystem.
  • avatarDec 25, 2021 · 3 years ago
    According to the latest data, USDT currently holds a dominant position in the cryptocurrency market with a market share of around 60%. This means that USDT is the most widely used stablecoin and is preferred by traders and investors for its stability and liquidity. Other cryptocurrencies, such as BTC, ETH, and XRP, also have significant market shares, but USDT remains the top choice for many.