🧠 Crypto Glossary – Day 42
👑 BTC Dominance
It is the percentage of the total value of the crypto market that Bitcoin represents. It serves to measure whether BTC is leading or if altcoins are gaining ground.
💡 Simple example:
If the dominance of
$BTC rises, it means that investors are returning to the market's 'safe haven.' If it falls, they are betting more on altcoins.
📚 Did you know? Now you do.
Follow the series and learn crypto without smoke and mirrors.
One concept a day and getting less noob each time! 😎🚀
#GlosarioCripto #DominanciaBTC