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Bitcoin Dominance Explained To this total crypto market is currently that they are not beyond potentially even hit its local. As we can see, Bitcoin mature, such simple metrics have to regularly be reassessed to ensure that their informational value and ability to indicate future affected heavily, positively or negatively.
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BITCOIN DOMINANCE - ALT COIN SEASON INDICATORBitcoin dominance represents the ratio between the market capitalization of Bitcoin and the market capitalization of all other cryptocurrencies. When looking at Bitcoin's market share, crypto traders usually refer to a popular expression called Bitcoin Dominance. This expression captures Bitcoin's market. Bitcoin dominance is the percentage of the entire cryptocurrency market capitalization held by Bitcoin. It is calculated by dividing the market capitalization.