The Bitcoin Dominance Index is a percentage that shows Bitcoin's share of the total market capitalization of the entire cryptocurrency market. When the index rises, it means that money is flowing into Bitcoin at the expense of altcoins, indicating caution or Bitcoin leading the market. Conversely, when it falls, it indicates an increased risk appetite and a shift of liquidity towards altcoins, known as 'altcoin season'. In short, it is an important measure to determine liquidity trends and risk appetite in the market.
#MarketPullback #Tradersleague #CryptoRoundTableRemarks #IsraelIranConflict #CryptoRoundTableRemarks