Bitcoin’s share in cryptocurrency payments last year collapsed by about a third, Bloomberg writes with reference to one of the largest platforms for such BitPay operations.
It turned out to be 65 percent, in 2020, 92 percent accounted for Bitcoin. He began to rapidly lose competitors, although while he holds the leading position. The share of Ethereum was 15 percent in 2021, and “stelkopinov” – 13 percent. Three more percent came to the cryptocurrency dogecoin, Shiba Inu and Litecoin.
Investors began to choose “stelkins” more often, because they are less volatile than other cryptocurrencies. Bitcoin in November last year established a historical record, reaching almost $ 69,000. However, on January 10, the cost of the most popular cryptocurrency for the first time since September 2021 fell below $ 40,000.
Following the results of 2021, Bitcoin lost its main competitor – Ethereum (Ether). The speaker of the ether turned out to be much better – 408 percent of growth versus 65 percent at Bitcoin. Such a tendency may be preserved in 2022, analysts consider.