Bitcoin dominance is a metric that measures the share of Bitcoin’s market cap against the market cap of all cryptocurrencies. In other words, it's a way of understanding how dominant Bitcoin is in the crypto space.
In this video, let’s discuss what Bitcoin dominance is, why it matters, and how it's been trending over time.
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Timestamps:
00:00 Intro
00:16 What is Bitcoin dominance?
01:19 Performance of Bitcoin dominance over the years
03:02 Factors affecting Bitcoin dominance
03:38 Using Bitcoin dominance to navigate market cycles
05:06 Downsides of Bitcoin dominance
05:51 Outro
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