{"id":63744,"date":"2022-10-07T09:38:08","date_gmt":"2022-10-07T04:08:08","guid":{"rendered":"https:\/\/mudrex.com\/blog\/?page_id=63744"},"modified":"2022-10-27T16:11:43","modified_gmt":"2022-10-27T10:41:43","slug":"bitcoin-dominance","status":"publish","type":"page","link":"https:\/\/mudrex.com\/blog\/glossary\/bitcoin-dominance\/","title":{"rendered":"Bitcoin Dominance"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"63744\" class=\"elementor elementor-63744\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0b8cb28 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0b8cb28\" data-element_type=\"section\" id=\"navigation-sample-sec\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element 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menu-item-object-category menu-item-70587\"><a href=\"https:\/\/mudrex.com\/blog\/category\/product-updates\/\" class=\"elementor-item\" tabindex=\"-1\">Product-updates<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-622a9df elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"622a9df\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e72dd12\" data-id=\"e72dd12\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-68e8c7b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"68e8c7b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3513f93\" data-id=\"3513f93\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-eac81f6 elementor-widget elementor-widget-heading\" data-id=\"eac81f6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">Bitcoin Dominance<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1bafcd8 elementor-widget elementor-widget-text-editor\" data-id=\"1bafcd8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Bitcoin dominance or BTC dominance refers to the ratio of the market cap of Bitcoin to the remaining crypto assets in the crypto space. It is the percentage of the crypto market capitalization that is constituted solely by Bitcoin. The entire market capitalization of all the crypto assets is divided by the market value of Bitcoin to determine Bitcoin dominance. \\n\\nCrypto traders and investors use Bitcoin dominance as one of the key metrics to understand the market with respect to Bitcoin. If the market share of Bitcoin increases, it indicates that the value of the altcoins shall decrease. Bitcoin is the most powerful player in the crypto industry since it is the first and most widely known crypto asset. Due to this, the entire market cap follows the trend being established by this crypto asset. \\n\\nWhen BTC dominance is at a high, the value of altcoins in comparison to Bitcoin decreases. Traders advise to hold more Bitcoin as compared to altcoins when Bitcoin dominance increases. If Bitcoin dominance decreases, altcoins gain more value as compared to BTC. Traders advise to hold more altcoins if Bitcoin dominance is decreasing.&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:15229,&quot;3&quot;:{&quot;1&quot;:0},&quot;5&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;6&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;7&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;8&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;9&quot;:0,&quot;11&quot;:4,&quot;12&quot;:0,&quot;14&quot;:{&quot;1&quot;:2,&quot;2&quot;:0},&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:10}\">Bitcoin dominance or BTC dominance refers to the ratio of the market cap of Bitcoin to the remaining crypto assets in the crypto space. It is the percentage of the crypto market capitalization that is constituted solely by Bitcoin. The entire market capitalization of all the crypto assets is divided by the market value of Bitcoin to determine Bitcoin dominance. <\/span><\/p>\n<p>Crypto traders and investors use Bitcoin dominance as one of the key metrics to understand the market with respect to Bitcoin. If the market share of Bitcoin increases, it indicates that the value of the <a href=\"https:\/\/mudrex.com\/blog\/what-are-altcoins\/\">altcoins<\/a> shall decrease. Bitcoin is the most powerful player in the crypto industry since it is the first and most widely known crypto asset. Due to this, the entire market cap follows the trend being established by this crypto asset. <\/p>\n<p>When BTC dominance is at a high, the value of altcoins in comparison to Bitcoin decreases. Traders advise to hold more Bitcoin as compared to altcoins when Bitcoin dominance increases. If Bitcoin dominance decreases, altcoins gain more value as compared to BTC. Traders advise to hold more altcoins if Bitcoin dominance is decreasing.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Bitcoin Dominance Bitcoin dominance or BTC dominance refers to the ratio of the market cap of Bitcoin to the remaining crypto assets in the crypto space. It is the percentage of the crypto market capitalization that is constituted solely by Bitcoin. The entire market capitalization of all the crypto assets is divided by the market [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":61790,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_eb_attr":"","footnotes":""},"_links":{"self":[{"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/pages\/63744"}],"collection":[{"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/comments?post=63744"}],"version-history":[{"count":11,"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/pages\/63744\/revisions"}],"predecessor-version":[{"id":65093,"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/pages\/63744\/revisions\/65093"}],"up":[{"embeddable":true,"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/pages\/61790"}],"wp:attachment":[{"href":"https:\/\/mudrex.com\/blog\/wp-json\/wp\/v2\/media?parent=63744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}