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Bitcoin Dominance simply explained

It refers to the percentage of market share Bitcoin holds in all cryptocurrency market. If total market value is $100, for example, and Bitcoin market value is $50 then dominance would be 50%.

Other cryptocurrencies usually lose Bitcoin value when dominance increases and they are worth more if this value decreases.

We can use this parameter to know how much Bitcoin is traded comparing to other crypto.

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Published in Blog

9 Comments

  1. MohamedEbrahimt MohamedEbrahimt

    I don’t get that point.
    Can you re-explain in a different way?

  2. Rob83 Rob83

    Ok

  3. zasanghroo zasanghroo

    Nyc

  4. axelzysa12 axelzysa12

    good news

  5. mayaram mayaram

    Nice

  6. Igabalin2020 Igabalin2020

    Cool

  7. Nikha Nikha

    Tnxs

  8. profkamal108 profkamal108

    Nice one

  9. ram2506 ram2506

    merci

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