The BTCDOM Index is calculated with the weighted average prices of its constituents .
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 does Bitcoin dominance work?
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.27 Kas 2021
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