$BTC #BitcoinDominansı:
Bitcoin, which attracts attention in the cryptocurrency world, always plays an important role in the ecosystem. BTC is the most valuable cryptocurrency in the market and it significantly affects all other cryptocurrencies with both its decline and rise.
Bitcoin Dominance is defined as the ratio of Bitcoin to the total market cap of cryptocurrencies. So, when Bitcoin Dominance is high, Bitcoin has a larger market cap compared to other altcoins. This causes Bitcoin's price movements to generally have more impact than other cryptocurrencies.