What is dominance of Bitcoin?

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

Bitcoin Dominance is a measure of how much of the total market cap of crypto is comprised of Bitcoin . It can help you understand the trend of BTC and alts. See the current Bitcoin dominance.

Market capitalisation is an indicator that measures and keeps track of the market value of a cryptocurrency . Market cap is used as an indicator of the dominance and popularity of cryptocurrencies. Though this metric is widely used, more information before making trading decisions is recommended.