New cryptos gaining momentum against Bitcoin ...Egypt

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The global economy is in the midst of a rising increase in cryptocurrencies, especially Bitcoin, which has drawn attention after recent gains and is promising to investors due to the great return it provides. An economic report however showed that the huge gains made by Bitcoin has opened the way for new cryptocurrencies to enter the arena and acquire a larger share of the market. This poses a future challenge to the value of Bitcoin due to potential incentives that the new cryptocurrencies will provide. The report revealed a decline in the market share of Bitcoin this year down to 46 percent compared to 70 percent last year. This reflects recent developments of the cryptocurrency sector whi

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