Bitcoin's share of crypto market hits record low of 32.6%

Bitcoin's percentage share in the total cryptocurrency market capitalisation has slipped to a record low of about 32.6%. Bitcoin has a market valuation of about $240 billion, while the combined market valuation of all cryptocurrencies is nearly $740 billion. However, Bitcoin's rival cryptocurrency Ethereum hit an all-time high of $1,417 on Wednesday, surging nearly 90% this year.