Bitcoin's (BTC) dominance is one of the simplest — and at the same time most powerful — indicators of the crypto market. It shows what percentage of the total market value is concentrated solely in BTC.
For example, if the total market value of all cryptocurrencies combined is 2 trillion dollars, and BTC represents 1 trillion, Bitcoin's dominance is 50%.
But why does this matter?
Historically, high BTC dominance can indicate that investors are seeking safety, fleeing from risks, which tends to happen during times of market uncertainty. When dominance falls, it is usually because altcoins are performing better — and this can signal the beginning of an altseason (the rise of altcoins).
Tracking this data helps you understand where the money is going in the market. Simple, but very strategic.
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