Bitcoin Continues to Dominate Investments in Cryptocurrencies

Bitcoin accounted for the biggest share of investment inflows in cryptocurrencies since the beginning of the year, CoinTelegraph reported.

The biggest digital currency in the world in terms of market capitalization, dominated 97% of inflows into cryptocurrencies in 2021, as shown by a recent report by CoinShares.

Earlier this year, Bitcoin hit a new all-time high near $42,000.

The largest cryptocurrency is currently trading at $32,039, down by 3.4% over the past 24 hours, raising its losses over the past seven days to 11.77%.