Bitcoin dominance is the ratio between the market capitalization The market capitalization (or market cap) of a cryptocurrency is a measurement of its market value. In other words, it… of Bitcoin to the total market cap of the entire cryptocurrency market.
Read moreWhat is Busd on Binance?
BUSD is a stablecoin founded by Paxos and Binance , and is one of the few stablecoins that are compliant with the strict regulatory standards of NYDFS. In addition, there are currently more than thirty-six exchanges and more than twenty wallets supporting BUSD, making it a reliable option for stablecoins.
Read moreWhat is Btcdom coin?
Binance BTCDOM Index is a cryptocurrency price index reflecting the market dominance performance of Bitcoin . The BTCDOM Index is a metric that traders can use to quickly get a sense of Bitcoin’s value relative to that of the broader cryptocurrency market.
Read moreHow is Btcdom calculated?
The BTCDOM Index is calculated with the weighted average prices of its constituents .
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