Our weekly news roundup is here! Where we discuss the latest happenings in the crypto and blockchain space. The crypto banking market booms, Ethereum sees a two-year high. BTC dominance in the market cap falls but shows bullish signals. Let’s jump into a closer look in this week in crypto.
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Crypto Banking Market Booms
The cryptocurrency banking market this year, is booming worldwide. The growth rate is expected to continue at 6.30% from 2020 to 2027. The increasing acceptance of cryptocurrencies in many industries and the opportunity for venture capital investments will further boost the growth of the cryptocurrency banking market.
Ether, the Leader of Altcoins
Bitcoin’s Dominance Falls
As appealing blockchains such as Ethereum accelerate their growth, bitcoin's dominance in the crypto market cap falls to 57.9% of the total crypto market cap, which is the lowest it’s been since June 2019. DeFi could have a large part to play in this, as protocols in the space don't go unnoticed.
Stable at $11500
What did you think of this week's developments? Which story sparked your interests the most? See you next time for our weekly low down on crypto and blockchain growth. We look forward to discussing the week ahead!
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