ETH.D% PitchFan StackCRYPTOCAP:ETH.D
Ethereum Dominance % has had multiple sharp declines that have led to nice runs after.
I think the rise of other cryptos have had a change on Ethereum dominance the most.
Bitcoin dominance not much of a change from rise of other cryptos.
These changes can be because of multiple factors like market cap increases, different positioning, different market structure, etc.
Ethereum still looks good to have a nice run in strong dominance in crypto.
Physical commodity comparison:
Bitcoin with a Gold Comparison: There was a time when gold backed multiple currencies all around the world and Gold was the most important commodity to the Financial system. Bitcoin backs all of crypto as it is paired to all cryptos, one way or another. Making Bitcoin the most important of the Cyber Financial Crypto Ecosystem as well as one of the most important digital currencies worthy of an allocation as a Strategic Financial Reserve Asset as gold is.
Ethereum with a Silver Comparison: Ethereum can much better than Silver comparison due to the many different opportunities it has to grow and advance in other areas. Silver is seen as a second to Gold so the comparison is still there. Ethereum can continue to be a valuable second to Bitcoin and grow with the Cyber Financial Crypto Ecosystem.
CRYPTOCAP:ETH.D