What is crypto 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”.

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Domi yükselmesi ne demek?

Dominance’ın artması bitcoine para girişinin arttığını göstermektedir. Bu, iki durumda gerçekleşebilir. Piyasaya yeni giren para ile bitcoin alınmıştır ya da altcoinlerden bitcoine geçiş gerçekleşmiştir. Düşmesi durumunda da tam tersi durumun yaşandığını söyleyebiliriz.10 Kas 2020

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How does BTC dominance affect Alt coins?

The Bitcoin dominance ratio is a tool that traders have recently incorporated to help them spot differences in general market conditions between Bitcoin and all of the other coins. When utilized correctly, Bitcoin (or BTC) dominance can help you determine if trading altcoins is a stronger trend than trading Bitcoin .27 Kas 2021

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