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| Understanding Bitcoin Dominance http://www.arwen-undomiel.com/forum/viewtopic.php?f=5&t=27952 |
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| Author: | Vaine [ April 19th, 2024, 2:36 am ] |
| Post subject: | Understanding Bitcoin Dominance |
As I explore the crypto markets, I've heard a lot about "Bitcoin dominance." Can someone explain what this means and why it's important? |
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| Author: | Iannie [ April 19th, 2024, 7:18 am ] |
| Post subject: | Re: Understanding Bitcoin Dominance |
Bitcoin dominance is a metric that measures the ratio of Bitcoin's market capitalization compared to the total market cap of all cryptocurrencies. It's a good indicator of Bitcoin's market strength and its influence over the altcoin market. Knowing this can help investors understand the market trends and make informed decisions. There's a detailed explanation here: https://paybis.com/blog/glossary/what-i ... dominance/ that could give you a clearer picture of how Bitcoin influences the broader crypto market. |
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