Bitcoin dominance is the ratio between the market capitalization of Bitcoin to the total market cap of the entire cryptocurrency market . When we compare this ratio to the trend of Bitcoin itself, we can learn more about what opportunities the current market environment offers.
Read moreWhat is TOTAL2?
TOTAL2 shows total market capitalization of the top-125 cryptocurrencies, excluding BTC . OTHERS shows total market capitalization of the top-125 cryptocurrencies, excluding BTC and some other top cryptocurrencies.
Read moreWhat 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.
Read moreWhat is the cost of ethereum?
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
Read moreWhat is ETH market dominance?
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
Read moreBTC Dominance çok düşerse ne olur?
BTC Dominance ve Bitcoin ikisi birden düşüş yaşarsa, altcoinler ya düşerler ya da stabil kalırlar. Bu durumda altcoinlerin BTC paritelerine bakmak ve analiz etmek gerekmektedir. BTC Dominance ‘ın düşmesi ve Bitcoin fiyatının stabil kalması durumunda ise, altcoinlerde artış gerçekleşir.6 Ara 2021
Read moreWhat is the dominance of Bitcoin?
Therefore, the Bitcoin dominance is described as the ratio between the market cap of Bitcoin to the rest of the cryptocurrency markets . For many years, while Bitcoin was far and away the largest cryptocurrency – and one of the few in existence – its dominance was much closer to 100% than it is today.
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