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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Ethereum Price Chart (ETH/USD) 24 Hour High24 Hour LowMarket Capitalization3,039.92 USD2,921.80 USD357,563,644,519.85 USDEthereum Price Chart (ETH/USD) – bitFlyer bitflyer.com › en-us › ethereum-chart
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Within the crypto world, this so-called “dominance” ratio is one of the oldest and most investigated metrices available. It measures the coin’s market cap relative to the overall crypto market – for instance, it shows how strong Bitcoin is compared to all the other cryptocurrencies that are not BTC, called “altcoins”.22 Şub 2022
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