Bitcoin’s (Btc) Market Share And Trader Activity Has Risen, Increasing Bitcoin’s Dominance From 54% In December To 57% In January.

The bitcoin dominance chart can be used as an indicator to identify crypto market. The altcoin season index, which tracks market sentiment, has fallen from a high of 89 to 67, suggesting that while btc’s influence is waning, altcoins are not rallying as. Bitcoin ’s market capitalization now accounts for over 55.05% of the total market share—its highest level in three years.

Bitcoin Dominance Measures Btc’s Market Share Relative To All Cryptocurrencies.

High bitcoin dominance suggests that investors are favoring bitcoin over altcoins, possibly viewing it as a safe haven during market volatility. Out of 57 altcoins, only 11 have outperformed bitcoin in the last 60 days, with xrp leading the pack with 117.3% returns, followed by aave at 82.0%. Bitcoin’s dominance rate topped in november 2024,.

Backed By Senator Lummis’ Bitcoin Act, Th.

For example, if btc has a market capitalization of $500 billion while the total. Bitcoin's market capitalization has soared to $1.27 trillion,. Check out what share of the market coins other than btc or eth take — read the news, find useful ideas and discover alternative trading opportunities.

Bitcoin Dominance Measures How Much Market Share Bitcoin Has Compared To Other Cryptocurrencies.

It represents the percentage of bitcoin's total. According to glassnode, the same. Bitcoin dominance refers to the percentage of bitcoin's market capitalization relative to the total market capitalization of the cryptocurrency market.

Today, Bitcoin Holds The Largest Share Of The Market — 59.02%.

However, a majority of the. We provide historical bitcoin dominance data showing the btc dominance at the end of each year since 2013: Bitcoin dominance denotes the market share of bitcoin when compared against altcoins.