How will Bitcoin’s emerging crypto monopoly impact global cryptocurrency markets?

Colleagues, despite an aggregate decline in total cryptocurrency market cap since early CY2018, Bitcoin’s percent of total market value has reached staggering 50% threshold. Data also reveal that the top 5 cryptocurrencies – Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple – control almost 60% of the global crypto market. View the data from CoinMarketCap tracking stats. The Cryptocurrency Academy and the Cyber Security Defender draw two key conclusions from these numbers. First, is the definitive market vale concentration – which is nearing monopoly status – around Bitcoin. Thus, the extended crypto ecosystem needs to serve customers by developing tools and applications which are purpose-built for Bitcoin. Second, is the rapid bi-furcation of the global cryptocurrency market between the “Big 5” and the second-tier cryptocurrencies which serve niche geographic- and application-specific markets. We believe that bad actors – such as Russia, Iran, North Korea, Syria, ISIS, and AOAP - will be the primary users of this cryptocurrency underclass of as they seek to evade economic sanctions and conduct nefarious financial transactions with little-to-no transparency. Share your assessment while visiting us today! Lawrence – Cyber Security Defender (https://cybersecuritydefender.blogspot.com/)