The crypto behemoth seems to be losing its grip in the entire crypto market capitalisation as its dominance slipped below 40 per cent , which was in the range of 45-50 per cent during its golden days.
Read moreDoes BTC dominance include Stablecoins?
What is The Real Bitcoin Dominance Index? The Real Bitcoin Dominance Index calculates Bitcoin’s market share among proof of work coins attempting to be money. It excludes all ICOs, stablecoins and other centralized projects.
Read moreWhat is BTCD?
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 the BTC dominance?
What Is Bitcoin Dominance? 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 happens when BTC dominance goes up?
When BTC Dominance goes up, alts, on the whole, lose value against BTC . When BTC Dominance goes down, alts on the whole, gain value vs BTC.
Read moreWhat is market cap dominance?
What Is Dominance? The Bitcoin Dominance Index is provided by CoinMarketCap, and keeps track of Bitcoin’s total market capitalization relative to the total market cap of all digital assets .
Read moreHow do you read BTC D?
BTC Dominance refers to the percentage of market share BTC holds in the cryptocurrency market . As an example to illustrate, if the total market cap of all cryptocurrency is 1 Trillion, and Bitcoin’s marketcap is 300 Billion, than the BTC dominance would be 30%.
Read more