Bitcoin vs. Altcoin: A Comprehensive Comparison

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  • Priced at 26,684 dol­lars, Bit­coin has surged up and is back in the spotlight
  • Bit­coin cur­rent­ly acquires more than 50% of the mar­ket cap of approx­i­mate­ly $520 Billion.
  • Alt­coins like Ethereum, XRP and BNB are cur­rent­ly underperforming.

As of the recent trend, Bit­coin, the first and orig­i­nal cryp­tocur­ren­cy, claims its dom­i­nant posi­tion back in the domain of the dig­i­tal asset mar­ket­place as it has acquired more than half of the total cryp­to mar­ket cap­i­tal­iza­tion. Alt­coins strug­gle to keep up in per­for­mance com­pared to Bitcoin.

Bitcoin’s Recent Increase In Market Dominance

Bit­coin has always been dom­i­nat­ing the whole mar­ket like a one-man army when it comes to mar­ket cap­i­tal­iza­tion. It has cur­rent­ly shown a resur­gence to its habit­u­al posi­tion of accu­mu­lat­ing more than 50% of the mar­ket cap. Ethereum, which is prob­a­bly the clos­est com­peti­tor to Bit­coin, cur­rent­ly sits uncom­fort­ably priced at 1632.09 dol­lars, just 1.1% up over the last week.

The same sce­nario and trend have been observed in oth­er Alt­coins like BNB and XRP.  How­ev­er, one odd one out of Alt­coin has been the less­er-known Ton­coin. Ton­coin has expe­ri­enced dras­tic and dra­mat­ic price swings and has flown against the tide of oth­er promi­nent Alt­coins. Ton­coin can still not uplift the under­per­form­ing Alt­coins as it occu­pies a much small­er por­tion of the whole market.

His­to­ry sug­gests that the bear­ish mar­ket favors Bit­coin and pro­pels it to spike up more than often. It has been evi­dent on numer­ous occa­sions that a bear­ish cli­mate stim­u­lates and blos­soms up Bit­coin and acts as a haven for this sig­nif­i­cant and first-ever cryp­tocur­ren­cy. How­ev­er, it is to be not­ed that even after this esca­la­tion, Bit­coin is still way down from its prime level.

Key Differences Between Bitcoin And Altcoins

When it comes to tech­no­log­i­cal aspects, Bit­coin focus­es more on being a decen­tral­ized dig­i­tal cur­ren­cy. Alt­coins, on the oth­er hand, are more wel­com­ing towards incor­po­rat­ing new tech­nolo­gies and func­tion­al­i­ties into their frame­work, which goes beyond sim­ple trans­ac­tions. Alt­coin accep­tance in the cre­ation of smart con­tracts is one of the promi­nent examples.

Well, it is down­right true that cryp­tocur­ren­cies are sus­cep­ti­ble to volatil­i­ty. So it’s inevitable that both bit­coins and alt­coins can be influ­enced inten­sive­ly by price volatil­i­ty and dras­tic fluc­tu­a­tions. How­ev­er, Bitcoin’s sheer dom­i­nance in mar­ket cap­i­tal­iza­tion and its wide­spread adop­tion enable it to be less volatile than altcoins. 

Bit­coin has become less volatile with time and its rep­u­ta­tion for being well-estab­lished and rec­og­nized encour­ages its wide­spread adop­tion over Alt­coin. There is a low­er risk with a Bit­coin invest­ment than with an alt­coin. On the oth­er hand, while Alt­coin might not be even close to Bitcoin’s sta­bil­i­ty, it pos­sess­es poten­tial that can lead to high returns.


There is no con­clu­sive answer as to which is bet­ter between Bit­coin and Alt­coins but recent trends sug­gest the esca­la­tion of Bit­coin might yield fruit­ful and lucra­tive results for its investors. How­ev­er, experts sug­gest that the 50% plus mar­ket cap­i­tal­iza­tion can soon reach the 60% plus lev­el for Bit­coin, so it won’t be a bad idea to hold user hors­es for a lit­tle bit more in case one is an esteemed investor in Bitcoin.

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