The Real Bitcoin Dominance Index matters because there is currently no easy way to track proof-of-work coins only. As an alternative to Coin Market Cap, where all coins are shown, Bitcoin Dominance only tracks the coins that are attempting to be used as a medium of exchange (i.e. money). BTC dominance has been breaking all resistance even when BTC broke ATH altcoins are still struggling. traditional investors joined the Crypto Market and since then they are controlling the Bitcoin price which resulted in huge depreciation to ALTs Price and Market Cap. some good project did have some nice runs but 80% ALTs are still underwater. Even after Bitcoin has lost its undisputed dominance, it remains the largest cryptocurrency, with a market capitalization that fluctuated between $$ billion in , owing in large part to the ubiquitousness of platforms that provide use-cases for BTC: wallets, exchanges, payment services, online games and more.

Bitcoin market dominance chart

Total Crypto Market Cap, Bitcoin Dominance & Volume | CoinCodex

Real Bitcoin Dominance Index Today Weekly High Weekly Low The Real Bitcoin Dominance Index calculates Bitcoin's market share among proof of work coins attempting to be money. It excludes all ICOs, stablecoins and other centralized projects. It does not include ICOs or stablecoins. Privacy policy. Hat's off to you if it work out.

As bitcoin dominance is going up for past few weeks , now looks its a time for a big pull back and give alts to grow again. D Index Chart. Videos only. Top authors: BTC. Altcoins season!!!!!!! Bitcoin Dominance - Alts - Existential Threat. Altcoin run incoming or fake out? BTC dominance recent overview. Alt season? BTC ready to for a correction.

In other words, the index is quite bullish at the time of writing, thus the possibility of hitting 70 before the end of the year. As Bitcoin dominance in the market shoots up, it implies that altcoins are forced to squeeze even more in the remainder of the market share. The high BTC dominance suggests that altcoins are getting less attention from investors in the market.

Consequently, it means that an altcoin season is unlikely in the near term. However, the same cannot be said for its dominance in the market. For instance, on November 30, Ethereum controlled

Bitcoin dominance is on the rise, and altcoins will suffer the most One Comment

Cryptocurrency combined market cap charts, bitcoin dominance charts, and more. Dec 16,  · The 4-hour chart shows the Bitcoin dominance index holding above all the three moving averages; the 50 Simple Moving Average, the SMA, and the SMA. In . BTC dominance has been breaking all resistance even when BTC broke ATH altcoins are still struggling. traditional investors joined the Crypto Market and since then they are controlling the Bitcoin price which resulted in huge depreciation to ALTs Price and Market Cap. some good project did have some nice runs but 80% ALTs are still underwater. Tags:Trading bitcoin swissquote, Eth btc tradingview.com, Usd deposit bitcoin, What time does cme start trading bitcoin, Bitcoin trading sverige