📈📉 What does "Dominance" mean in the crypto world?

"Dominance" (Dominance) refers to the percentage of a specific currency's control over the total market.

🔹 Example:

Bitcoin Dominance

= The market value ratio of Bitcoin compared to the entire market.

📈 If the dominance is 50%, it means that half of the market liquidity is in Bitcoin.

🟢 Why is dominance important?

• Rising Bitcoin Dominance:

All traders prefer safety, and Bitcoin is safe.

Fear in the market, the potential decline of alternative currencies. More than Bitcoin.

• Declining Bitcoin Dominance:

It means a shift of liquidity to alternative currencies, which may mark the beginning of Altseason. The season of alternative currencies.