Bitmine Buys Another $81M in Ethereum as ETH Outperforms Bitcoin
Bitmine is about 187,000 Ethereum short of its 5% of supply target.
The top 3
- Bitcoin's Dominance: Historical Highs and Lows: Bitcoin's market dominance, representing its share of the total crypto market cap, started near 100% and has fluctuated, currently hovering around 60% in 2026 after peaking above 63% in 2025.
- Ethereum's Rise: Key Milestones and Upgrades: Ethereum launched in 2015, becoming the second-largest cryptocurrency by market capitalization by 2018, with its value peaking at $571.67 billion in November 2021, driven by its smart contract capabilities, DeFi, NFTs, and major upgrades like the Merge to Proof-of-Stake.
- The Third Largest Crypto: Beyond BTC and ETH: Tether (USDT) consistently ranks as the third-largest cryptocurrency by market capitalization, primarily functioning as a stablecoin pegged to the US dollar, and has seen more transfer volume than traditional payment systems like PayPal and Zelle.
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