Crypto Market: Bitcoin is Quickly Losing Market Share

Bitcoin is losing crypto market share to other digital currencies. Bitcoin's astronomical rise has led to the creation of numerous competitors like Ethereum, Ripple and Litecoin, which are also seeing massive gains in value. According to Quartz, Bitcoin made up 87% of the crypto market one year ago. Today, it has fallen to 36%. Competitors to Bitcoin have often proven themselves either easier to use and trade or safer for businesses.