Total cryptocurrency market capitalization has increased, so has BTC market share
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Bitcoin - Investors Consider Cryptos as an Alternative. Investors over the weekend have clearly explored alternatives to the US Dollar and equities. For sure, investors have heavily bought US bonds and have even invested in Gold. Gold has increased by 3% since Friday’s market opening. However, the cryptocurrency market has also climbed even though the market is highly correlated with the market’s risk sentiment. Bitcoin and cryptocurrencies, in general, are an easy alternative to the Dollar and have climbed by 4% today.
The total cryptocurrency market capitalization has increased by more than 7% over the past 24 hours, and Bitcoin's market share has climbed to 42.26%.
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Bitcoin/USD 1-Hour Chart on March 13th