https://krakow3d.com/wp-content/uploads/2022/05/after-the-terra-luna-fallout-bitcoin-dominance-climbs-higher-while-ethereums-valuation-shrinks.jpg Following the Terra LUNA and UST fallout, digital currency markets have dropped in value as the crypto economy dropped 6.93% from $1.356 trillion on May 22, to today’s $1.262 trillion. Amid the market carnage, bitcoin’s market dominance has increased to 43.8%, reaching the highest value since October 30, 2021. Moreover, ethereum’s market dominance has slid from 19.56% on April 16, to today’s 17.1%. Bitcoin Dominance Reaps Rewards from Terra’s Demise Bitcoin (BTC) dominance among the 13,445 crypto market caps in existence today is 43.8%, the highest it has been in roughly 209 days, since October 30, 2021. The rise in market dominance follows the recent Terra blockchain fiasco that caused a significant amount of value to leave the crypto economy. For example, amid LUNA’s and UST’s death spiral and the...