$BTC
"Bitcoin supremacy" refers to Bitcoin's dominant position in the cryptocurrency market. It is often measured by Bitcoin's market capitalization relative to the total crypto market cap. Bitcoin has maintained its supremacy due to several factors:
First-Mover Advantage – As the first cryptocurrency, Bitcoin set the standard for blockchain technology.
Security and Decentralization – Its proof-of-work (PoW) consensus mechanism ensures security and resistance to censorship.
Store of Value – Bitcoin is often compared to "digital gold" due to its limited supply (21 million coins).
Network Effect – Widespread adoption by individuals, institutions, and governments reinforces its dominance.
Liquidity and Institutional Interest – Bitcoin is the most widely traded and recognized cryptocurrency, attracting institutional investments.
However, challenges like scalability, regulatory scrutiny, and competition from other blockchain networks (Ethereum, Solana, etc.) continue to shape Bitcoin's dominance. Are you referring to Bitcoin's dominance in general, or a specific aspect of it?