What is dominance of Bitcoin?

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.

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.