Bitcoin stands out as a decisive player in the cryptocurrency world. Bitcoin dominance is an indicator that measures the impact of the total cryptocurrency market on Bitcoin's market value. This ratio is usually expressed as a percentage and shows how much of other altcoins are tied to Bitcoin.

Bitcoin's high dominance is often considered a reflection of confidence in the market. Investors often turn to Bitcoin during times of uncertainty because it is seen as a more stable and reliable asset than other cryptocurrencies. However, this may also change as the cryptocurrency market expands.

The rising popularity of altcoins and the emergence of new projects may cause Bitcoin dominance to decline. Investors can diversify their portfolios by paying attention to altcoins with different features and various usage areas.

Bitcoin dominance is a dynamic aspect of the cryptocurrency market and is considered an important indicator for investors. However, with market volatility and emerging projects, it is always difficult to predict how this dominance rate will evolve over time.

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