Cryptocurrency Q&A
How to check BTC dominance?
How to check BTC dominance?
SumoMighty
Sat Nov 16 2024
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6 answers
1512
I want to know how to check the dominance of Bitcoin in the cryptocurrency market. I'm interested in understanding its market share compared to other cryptocurrencies.
6 answers
Margherita
Mon Nov 18 2024
Market Cap BTC Dominance is a useful metric to gauge the size of a cryptocurrency relative to the entire crypto market.
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CryptoChampion
Mon Nov 18 2024
This calculation allows investors to understand the proportion of the market that a specific coin holds.
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Martina
Mon Nov 18 2024
This metric provides a comparison of a coin's value against the combined value of all cryptocurrencies.
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Elena
Mon Nov 18 2024
It is determined by dividing the market capitalization of a particular coin by the total market capitalization of the top 125 coins.
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Martina
Mon Nov 18 2024
The result is then multiplied by 100 to express it as a percentage.
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