While Bitcoin dominance (BTC) is up and Bitcoin transaction fees are down, the Crypto market is experiencing a general decline, Feb. 21, with all 30 coins on CoinMarketCap in the red.

Bitcoin dominance, or market capitalization of BTC as a share of total market capitalization for all cryptocurrencies, is about 39.4%, which is in line with the recent sharp decline in transaction costs Bitcoin.

A year ago today, BTC held about 86% of the market, a decline since then, despite a slight rise to 66% in early December.

<img alt=" Percentage of Total Market Capitalization "src =" https://cointelegraph.com/storage/uploads/view/e805b09a1c40d7d14ddb0fb0ee5f0f4f.png "title =" Percentage of Total Capitalization Market "/>

Bitcoin's transaction fees reached historic highs in January 2018, reaching about $ 37 for fees that would make your transaction be mined as quickly as possible on the next mined block.

However, the last Bitcoin transaction fee recorded by Blockchair was $ 0.36 / kb at 3:11 pm UTC, February 21, a 6-month low for the main cryptocurrency.

Bitcoin Cash (BCH), a well-known Bitcoin fork that took place in August 2017, has positioned itself as superior to Bitcoin in part because of lower transaction costs than BTC. Bitco transaction fee in Cash recorded by Blockchair at 15:28 UTC are actually slightly lower than Bitcoin at $ 0.22 / KB. However, other transactions made this afternoon had fees of up to $ 0.91 / KB. ko

Roger Ver, the crypto investor and evangelist, arguably the BCH's best-known and most active promoter, tweeted last week about the benefits of the BCH on BTC, calling Bitcoin, "slow, expensive to use, and unreliable for transactions."

The Twitter user UFoundMe commented on the tweet of Feb. 18 with an image capture showing the average charges of BCH and BTC converging:

Now what? pic.twitter.com/M6NjYwmy3Y – UfoundMe (@MakeNDAAfamous) February 18, 2018

Bitcoin is currently trading around $ 10,675, down about 9 percent over a period of 24 hours by the time presses.

Bitcoin Cash is down just over 14% over a 24-hour period, trading around $ 1,302 per hour press.

The total market capitalization is $ 457 billion. .

<img alt=" World Charts "src =" https://cointelegraph.com/storage/uploads/view/2ce80408515ff01995aad153b9af7699.png "title =" Global Maps "/>

setting level of scalability Bitcoin Segregated Witness (SegWit), designed to slow down transactions and speed up transactions on the Bitcoin network, has been added to the latest Bitcoin Core client release released on February 15, 2018. SegWit support has also been was added big Bitfinex exchange today, February 21, and planned to be published on the Coinbase Swap and Walle Platform by mid – next week.