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Rosie Paustian a7KQ
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Rosie Paustian a7KQ
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#BTCdominance Bitcoin dominance (often abbreviated as BTC.D) is a metric that measures Bitcoin's market capitalization as a percentage of the total cryptocurrency market capitalization. It is calculated using the formula: BTC Dominance (%) = (Bitcoin Market Cap / Total Crypto Market Cap) × 100 For example, if Bitcoin's market cap is $1.8 trillion and the total crypto market cap is $2.8 trillion, Bitcoin dominance would be approximately 64.3% . Why Bitcoin Dominance Matters Bitcoin dominance serves as an indicator of market sentiment and investor behavior: CoinGecko High BTC Dominance: Suggests investors are favoring Bitcoin over altcoins, often during periods of market uncertainty or when Bitcoin is perceived as a safer asset. Low BTC Dominance: Indicates increased interest in altcoins, which may occur during "altcoin seasons" when alternative cryptocurrencies outperform Bitcoin . CoinGecko Monitoring BTC dominance can help investors make informed decisions about portfolio allocation between Bitcoin and other cryptocurrencies. For real-time tracking of Bitcoin dominance, you can refer to platforms like CoinMarketCap or TradingView.
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$BTC Solved
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$BTC ONLY *7 DAYS* UNTIL THE MOST IMPORTANT *#BITCOIN* EVENT OF THE YEAR 🇺🇸🚀
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#GENIUSAct 🇺🇸 US Senate officially passes cloture vote for 'Genius Act' crypto stablecoin bill.
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$BTC #BinancePizzaDay🍕 History of Bitcoin Pizza day
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