BTC is Ceding Ground to Stablecoins as the Settlement Currency for Crypto Derivatives  

"Bitcoin is still the king of cryptocurrencies. Despite the launch of numerous altcoins and stablecoins, the bitcoin dominance index is still holding strong at 67%+ according to Coinmarketcap data."

As I recall during the 2017 Hype, Bitcoin dominance went down to 45% which is significant.

We can only expect that his royal dominance to drop in the future to come. It's only logical with all new coins coming into play.

Tho I doubt anyone will dethrone BTC anytime soon.

https://www.fxempire.com/news/article/btc-is-ceding-ground-to-stablecoins-as-the-settlement-currency-for-crypto-derivatives-631265