In the crypto market, a coin’s dominance is the ratio of its market cap to the cumulative market cap of all cryptocurrencies. It’s a way of looking at how big a coin is in relation to the crypto market, and the value of everything is in comparison. It’s calculated by dividing a coin’s market cap by the total market cap of the top 125 coins and then multiplying by 100. The result of these calculations and how it changes over time can be seen on the dominance chart.

Bitcoin Dominance

Bitcoin (BTC) dominance is a metric used to measure the relative market share or dominance of Bitcoin in the overall cryptocurrency space. It represents the percentage of Bitcoin’s total market cap compared to the total market cap of all cryptocurrencies combined.