{"id":559636,"date":"2023-11-08T02:00:47","date_gmt":"2023-11-08T02:00:47","guid":{"rendered":"https:\/\/wncen.com\/?p=559636"},"modified":"2023-11-07T19:17:00","modified_gmt":"2023-11-07T19:17:00","slug":"altcoins-market-share-bitcoin-4-month-high","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/","title":{"rendered":"Altcoins Market Share Versus Bitcoin At A 4 Month High: What’s The Trigger?"},"content":{"rendered":"

Looking at Kaiko’s data\u00a0<\/span>shared<\/span><\/a>\u00a0on November 7 by Dessislava Ianeva, a Research Analyst at the blockchain analyst firm, it is evident that altcoins market share versus Bitcoin (BTC) has been rising in the past four months, reaching a 4-month high, the highest level since July 2023. <\/span><\/p>\n

The surge in market share can be attributed to multiple factors but primarily because of the upswing in Bitcoin prices, improving sentiment across the crypto market, and project-related developments that have attracted capital over the past few trading months.<\/span><\/p>\n

\"Altcoins
Altcoins market share versus Bitcoin rising | Source: Kaiko<\/figcaption><\/figure>\n

Altcoins Market Share Rising Versus Bitcoin<\/span><\/h2>\n

Kaiko notes that the altcoins market share of the top 30 altcoins stands at 44%, an improvement over the past few trading months. This is a notable expansion considering that altcoin prices, including those of leading coins like Ethereum (ETH), XRP, Solana (SOL), Cardano (ADA), and the rest posted sharp losses in 2022. Even though prices continued falling, losses were contained in 2023 but remain lower from 2021 peaks when asset prices surged to record lows.\u00a0<\/span><\/p>\n

Related Reading: Cardano (ADA) 50-Week EMA Flashes Bullish, Is $0.45 On The Way?<\/a><\/div>\n

Despite altcoins gnawing more market share from Bitcoin, the most valuable coin continues to enjoy multiple advantages, especially from a regulatory standpoint. For instance, the coin has been endorsed by regulators in the United States, Europe, and Canada<\/a>. <\/span><\/p>\n

In this line, complex derivatives products, including Exchange-Traded Products (ETPs) and futures, are already listed in Canada, the United States, and some European countries. The spike at the end of July was partly because of the increasing confidence across crypto that the United States Securities and Exchange Commission (SEC) might approve the first Exchange-Traded Fund (ETF).<\/span><\/p>\n

This confidence follows BlackRock’s decision to submit its Bitcoin ETF application. Due to their track record, market analysts elevated the odds of the strict agency to authorize the first spot in Bitcoin ETF.<\/span><\/p>\n

Why Are Altcoins Like Ethereum, XRP, And Solana Rallying?<\/span><\/h2>\n

Presently, the upward momentum in Bitcoin has been shrinking but remains at around 2023 high on improving market sentiment. The slowdown in the uptrend coincides with rapidly shifting investor patterns, especially in Solana, XRP, and Ethereum. <\/span><\/p>\n

Related Reading: Bitcoin May Be Headed Towards 20%+ Decline Based On This Pattern<\/a><\/div>\n

To illustrate, the SEC’s decision to approve the launch of the Ethereum Futures product led to more interest in the project, directly supporting ETH prices. At the same time, Solana has been edging higher, even reversing post-FTX losses despite action by FTX estate managers. <\/span><\/p>\n

\"Ethereum<\/a>
Ethereum price trending upwards on the daily chart | Source: ETHUSDT on Binance, TradingView<\/a><\/figcaption><\/figure>\n

There is more on-chain activity on Solana. Meanwhile, regulatory clarity on XRP has seen Ripple double down, striking<\/a> more partners.<\/span><\/p>\n

Feature image from Canva, chart from TradingView<\/div>\n","protected":false},"excerpt":{"rendered":"

Looking at Kaiko’s data\u00a0shared\u00a0on November 7 by Dessislava Ianeva, a Research Analyst at the blockchain analyst firm, it is evident that altcoins market share versus Bitcoin (BTC) has been rising in the past four months, reaching a 4-month high, the highest level since July 2023. The surge in market share can be attributed to multiple factors but primarily because of the upswing in Bitcoin prices, improving sentiment across the crypto market, and project-related developments that have attracted capital over the past few trading months. Altcoins Market Share Rising Versus Bitcoin Kaiko notes that the altcoins market share of the top 30 altcoins stands at 44%, an improvement over the past few trading months. This is a notable expansion considering that altcoin prices, including those of leading coins like Ethereum (ETH), XRP, Solana (SOL), Cardano (ADA), and the rest posted sharp losses in 2022. Even though prices continued falling, losses were contained in 2023 but remain lower from 2021 peaks when asset prices surged to record lows.\u00a0 Related Reading: Cardano (ADA) 50-Week EMA Flashes Bullish, Is $0.45 On The Way? Despite altcoins gnawing more market share from Bitcoin, the most valuable coin continues to enjoy multiple advantages, especially from a regulatory standpoint. For instance, the coin has been endorsed by regulators in the United States, Europe, and Canada. In this line, complex derivatives products, including Exchange-Traded Products (ETPs) and futures, are already listed in Canada, the United States, and some European countries. The spike at the end of July was partly because of the increasing confidence across crypto that the United States Securities and Exchange Commission (SEC) might approve the first Exchange-Traded Fund (ETF). This confidence follows BlackRock’s decision to submit its Bitcoin ETF application. Due to their track record, market analysts elevated the odds of the strict agency to authorize the first spot in Bitcoin ETF. Why Are Altcoins Like Ethereum, XRP, And Solana Rallying? Presently, the upward momentum in Bitcoin has been shrinking but remains at around 2023 high on improving market sentiment. The slowdown in the uptrend coincides with rapidly shifting investor patterns, especially in Solana, XRP, and Ethereum. Related Reading: Bitcoin May Be Headed Towards 20%+ Decline Based On This Pattern To illustrate, the SEC’s decision to approve the launch of the Ethereum Futures product led to more interest in the project, directly supporting ETH prices. At the same time, Solana has been edging higher, even reversing post-FTX losses despite action by FTX estate managers. There is more on-chain activity on Solana. Meanwhile, regulatory clarity on XRP has seen Ripple double down, striking more partners. Feature image from Canva, chart from TradingView<\/p>\n","protected":false},"author":384,"featured_media":559640,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,428,679,1119,78790,1946,83626,4531,13172,78763],"class_list":["post-559636","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-bitcoin","tag-bitcoin-price","tag-btc","tag-btcusdt","tag-ethereum","tag-solana","tag-xrp","tag-xrp-price","tag-xrpusdt"],"acf":[],"yoast_head":"\nAltcoins Market Share Versus Bitcoin At A 4 Month High: What's The Trigger?<\/title>\n<meta name=\"description\" content=\"Altcoins market share continues to rise versus Bitcoin. It is at a 4-month high, buoyed by rising demand for Solana, Ethereum, and XRP.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Altcoins Market Share Versus Bitcoin At A 4 Month High: What's The Trigger?\" \/>\n<meta property=\"og:description\" content=\"Altcoins market share continues to rise versus Bitcoin. It is at a 4-month high, buoyed by rising demand for Solana, Ethereum, and XRP.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-08T02:00:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-07T19:17:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Altcoins-market-share-Bitcoin.jpg?fit=1380%2C780\" \/>\n\t<meta property=\"og:image:width\" content=\"1380\" \/>\n\t<meta property=\"og:image:height\" content=\"780\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dalmas Ngetich\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Dalmas_Ngetich\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dalmas Ngetich\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/\"},\"author\":{\"name\":\"Dalmas Ngetich\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/08a2c46e8c02b51b9464d6e0bf2b1586\"},\"headline\":\"Altcoins Market Share Versus Bitcoin At A 4 Month High: What’s The Trigger?\",\"datePublished\":\"2023-11-08T02:00:47+00:00\",\"dateModified\":\"2023-11-07T19:17:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/\"},\"wordCount\":477,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Altcoins-market-share-Bitcoin.jpg?fit=1380%2C780\",\"keywords\":[\"altcoins\",\"bitcoin\",\"bitcoin price\",\"btc\",\"BTCUSDT\",\"ethereum\",\"Solana\",\"xrp\",\"XRP Price\",\"xrpusdt\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/\",\"url\":\"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/\",\"name\":\"Altcoins Market Share Versus Bitcoin At A 4 Month High: What's The Trigger?\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Altcoins-market-share-Bitcoin.jpg?fit=1380%2C780\",\"datePublished\":\"2023-11-08T02:00:47+00:00\",\"dateModified\":\"2023-11-07T19:17:00+00:00\",\"description\":\"Altcoins market share continues to rise versus Bitcoin. It is at a 4-month high, buoyed by rising demand for Solana, Ethereum, and XRP.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Altcoins-market-share-Bitcoin.jpg?fit=1380%2C780\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Altcoins-market-share-Bitcoin.jpg?fit=1380%2C780\",\"width\":1380,\"height\":780,\"caption\":\"Altcoins market share Bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Altcoins Market Share Versus Bitcoin At A 4 Month High: What’s The Trigger?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/08a2c46e8c02b51b9464d6e0bf2b1586\",\"name\":\"Dalmas Ngetich\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/73f4ad24aaf1d2abe0885846b798381a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/73f4ad24aaf1d2abe0885846b798381a?s=96&d=mm&r=g\",\"caption\":\"Dalmas Ngetich\"},\"description\":\"Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he broke key news, including the Ripple and MoneyGram partnership, cementing his position as a thought leader in crypto. The news exploded. Over 100,000 people devoured this meticulously crafted report, from seasoned investors to curious newcomers. His analysis wasn't just dry facts and figures; it crackled with insight, dissecting the implications of the partnership and its potential impact on the future of finance. His deep understanding of the financial markets, technological advancements, and blockchain developments has made him a respected voice in the industry. Dalmas is also the founder of BTC-Pulse, a crypto news site, further demonstrating his commitment to the field. He firmly believes that DeFi and NFTs are here to stay and will continue to drive financial inclusion. Coming from Nairobi, Kenya, it is easy to see the source of his inspiration: Across Africa, millions lack access to traditional banks. Remote villages, limited documentation, and high minimum balances create insurmountable barriers. DeFi, not just Maker or Aave, for example, but think of Bitcoin and USDT, cuts out the middleman. Forget banks with their limitations. Even so, DeFi isn't a magic solution. The continent still struggles with reliable internet access, and educational campaigns highlighting the benefits of this wonderful solution are insufficient. Moreover, even for those interested, understanding DeFi can look like learning a new language. Dalmas is here to help make the tech easy to understand and digestible, even for beginners. The story of DeFi in Africa is still being written. Challenges abound, but the promise of a more inclusive financial future is a powerful motivator. With innovation and collaboration, Dalmas firmly believes that DeFi could become the key to unlocking Africa's full economic potential. This possibility and its immense value motivate Dalmas to continue breaking key DeFi innovations and more across the globe. His engineering background further enhances his ability to deliver well-thought-out pieces that blend technical insight with clear, impactful reporting. Beyond his professional achievements, Dalmas is deeply passionate about technology and politics. Policies drive adoption, and being at the forefront and keeping up with how they evolve is crucial for the sphere to mature. When Dalmas is not closely monitoring the latest crypto events, he can be found in nature, exploring the picturesque countryside, and traveling with his family and friends. His love for adventure and discovery perfectly complements his investigative and reporting skills. You can connect with Dalmas on X: @Dalmas_Ngetich, or contact him on Telegram @Dalmas_Ngetich.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/dalmas-ngetich-40a67a147\/\",\"https:\/\/x.com\/Dalmas_Ngetich\"],\"url\":\"https:\/\/wncen.com\/author\/dalmasngetich\/\"}]}<\/script>\n","yoast_head_json":{"title":"Altcoins Market Share Versus Bitcoin At A 4 Month High: What's The Trigger?","description":"Altcoins market share continues to rise versus Bitcoin. It is at a 4-month high, buoyed by rising demand for Solana, Ethereum, and XRP.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/","og_locale":"en_US","og_type":"article","og_title":"Altcoins Market Share Versus Bitcoin At A 4 Month High: What's The Trigger?","og_description":"Altcoins market share continues to rise versus Bitcoin. It is at a 4-month high, buoyed by rising demand for Solana, Ethereum, and XRP.","og_url":"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-11-08T02:00:47+00:00","article_modified_time":"2023-11-07T19:17:00+00:00","og_image":[{"width":1380,"height":780,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Altcoins-market-share-Bitcoin.jpg?fit=1380%2C780","type":"image\/jpeg"}],"author":"Dalmas Ngetich","twitter_card":"summary_large_image","twitter_creator":"@Dalmas_Ngetich","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Dalmas Ngetich","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/"},"author":{"name":"Dalmas Ngetich","@id":"https:\/\/wncen.com\/#\/schema\/person\/08a2c46e8c02b51b9464d6e0bf2b1586"},"headline":"Altcoins Market Share Versus Bitcoin At A 4 Month High: What’s The Trigger?","datePublished":"2023-11-08T02:00:47+00:00","dateModified":"2023-11-07T19:17:00+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/"},"wordCount":477,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Altcoins-market-share-Bitcoin.jpg?fit=1380%2C780","keywords":["altcoins","bitcoin","bitcoin price","btc","BTCUSDT","ethereum","Solana","xrp","XRP Price","xrpusdt"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/","url":"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/","name":"Altcoins Market Share Versus Bitcoin At A 4 Month High: What's The Trigger?","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Altcoins-market-share-Bitcoin.jpg?fit=1380%2C780","datePublished":"2023-11-08T02:00:47+00:00","dateModified":"2023-11-07T19:17:00+00:00","description":"Altcoins market share continues to rise versus Bitcoin. It is at a 4-month high, buoyed by rising demand for Solana, Ethereum, and XRP.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Altcoins-market-share-Bitcoin.jpg?fit=1380%2C780","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Altcoins-market-share-Bitcoin.jpg?fit=1380%2C780","width":1380,"height":780,"caption":"Altcoins market share Bitcoin"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Altcoins Market Share Versus Bitcoin At A 4 Month High: What’s The Trigger?"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/08a2c46e8c02b51b9464d6e0bf2b1586","name":"Dalmas Ngetich","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/73f4ad24aaf1d2abe0885846b798381a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/73f4ad24aaf1d2abe0885846b798381a?s=96&d=mm&r=g","caption":"Dalmas Ngetich"},"description":"Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he broke key news, including the Ripple and MoneyGram partnership, cementing his position as a thought leader in crypto. The news exploded. Over 100,000 people devoured this meticulously crafted report, from seasoned investors to curious newcomers. His analysis wasn't just dry facts and figures; it crackled with insight, dissecting the implications of the partnership and its potential impact on the future of finance. His deep understanding of the financial markets, technological advancements, and blockchain developments has made him a respected voice in the industry. Dalmas is also the founder of BTC-Pulse, a crypto news site, further demonstrating his commitment to the field. He firmly believes that DeFi and NFTs are here to stay and will continue to drive financial inclusion. Coming from Nairobi, Kenya, it is easy to see the source of his inspiration: Across Africa, millions lack access to traditional banks. Remote villages, limited documentation, and high minimum balances create insurmountable barriers. DeFi, not just Maker or Aave, for example, but think of Bitcoin and USDT, cuts out the middleman. Forget banks with their limitations. Even so, DeFi isn't a magic solution. The continent still struggles with reliable internet access, and educational campaigns highlighting the benefits of this wonderful solution are insufficient. Moreover, even for those interested, understanding DeFi can look like learning a new language. Dalmas is here to help make the tech easy to understand and digestible, even for beginners. The story of DeFi in Africa is still being written. Challenges abound, but the promise of a more inclusive financial future is a powerful motivator. With innovation and collaboration, Dalmas firmly believes that DeFi could become the key to unlocking Africa's full economic potential. This possibility and its immense value motivate Dalmas to continue breaking key DeFi innovations and more across the globe. His engineering background further enhances his ability to deliver well-thought-out pieces that blend technical insight with clear, impactful reporting. Beyond his professional achievements, Dalmas is deeply passionate about technology and politics. Policies drive adoption, and being at the forefront and keeping up with how they evolve is crucial for the sphere to mature. When Dalmas is not closely monitoring the latest crypto events, he can be found in nature, exploring the picturesque countryside, and traveling with his family and friends. His love for adventure and discovery perfectly complements his investigative and reporting skills. You can connect with Dalmas on X: @Dalmas_Ngetich, or contact him on Telegram @Dalmas_Ngetich.","sameAs":["https:\/\/www.linkedin.com\/in\/dalmas-ngetich-40a67a147\/","https:\/\/x.com\/Dalmas_Ngetich"],"url":"https:\/\/wncen.com\/author\/dalmasngetich\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Altcoins Market Share Versus Bitcoin At A 4 Month High: What’s The Trigger?","url":"http:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/altcoins-market-share-bitcoin-4-month-high\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Altcoins-market-share-Bitcoin.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Altcoins-market-share-Bitcoin.jpg?fit=1380%2C780"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Dalmas Ngetich"}],"creator":["Dalmas Ngetich"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoins","bitcoin","bitcoin price","btc","btcusdt","ethereum","solana","xrp","xrp price","xrpusdt"],"dateCreated":"2023-11-08T02:00:47Z","datePublished":"2023-11-08T02:00:47Z","dateModified":"2023-11-08T02:00:47Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Altcoins Market Share Versus Bitcoin At A 4 Month High: What’s The Trigger?\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/altcoins-market-share-bitcoin-4-month-high\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/altcoins-market-share-bitcoin-4-month-high\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/Altcoins-market-share-Bitcoin.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/Altcoins-market-share-Bitcoin.jpg?fit=1380%2C780\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Dalmas Ngetich\"}],\"creator\":[\"Dalmas Ngetich\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoins\",\"bitcoin\",\"bitcoin price\",\"btc\",\"btcusdt\",\"ethereum\",\"solana\",\"xrp\",\"xrp price\",\"xrpusdt\"],\"dateCreated\":\"2023-11-08T02:00:47Z\",\"datePublished\":\"2023-11-08T02:00:47Z\",\"dateModified\":\"2023-11-08T02:00:47Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/Altcoins-market-share-Bitcoin.jpg?fit=1380%2C780","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/559636"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/384"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=559636"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/559636\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/559640"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=559636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=559636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=559636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}