What is BTC D index?

The Bitcoin Dominance Index is a metric that traders can use to quickly get a sense of Bitcoin’s value relative to that of the broader digital currency market . This index, offered by CoinMarketCap, measures Bitcoin’s market capitalisation (market cap) compared to the overall market for these digital assets.

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What is BTC D?

Bitcoin dominance (BTCD) is defined as the ratio of Bitcoin’s market capitalization to that of the rest of the cryptocurrency markets. Bitcoin (BTC) is a digital currency that was first introduced back in 2009.

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