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.27 Kas 2021
Read moreWhat does BTC D mean?
Bitcoin dominance (BTCD) is defined as the ratio of Bitcoin’s market capitalization to that of the rest of the cryptocurrency markets.
Read moreWhat is BTC D index?
The Bitcoin Dominance Index is a metric that traders can use to quickly get a sense of Bitcoin’s value relative to that of the broader digital currency market . This index, offered by CoinMarketCap, measures Bitcoin’s market capitalisation (market cap) compared to the overall market for these digital assets.
Read moreWhat is BTC dominance on Tradingview?
Bitcoin dominance is consolidating between the 2h demand around 43.25% and the resistance at 43.4% . It will either move up towards the level of equal highs at 44.3% potentially taking them out or it will retest the 4h demand at 42.5%.
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