What a start to 2018 it has been for cryptocurrency, with Ethereum surpassing the $1,000 mark on many major exchanges, nowrepresenting a market cap of nearly $100bn. Ethereum still only represents 13% of the crypto market, and is consistent with the early year theme of waning BTC dominance.
Despite this incredible performance, Ripple is still the second biggest cryptocurrency by market capitalization. Somehow, Ripple has been up over 1,300 percent over the last 30 days. Ethereum has been lagging behind Ripple because of this rally. Bitcoin is becoming less and less dominant. It now represents 32.5 percent of the value of all cryptocurrencies in circulation.