Although Bitcoin dominance is an interesting statistic to look at, one should keep in mind that it does not reflect its real value (especially because of forked and premined coins, which impact the total market cap in a very unnatural way). Also worth noting, that market cap does not mean an influx of money. It is just a measurement based on the circulating supply and current market price.
During the times when Bitcoin was the only cryptocurrency tradeable on exchanges, its dominance was roughly 100%. Today, with more cryptocurrencies in the space, its dominance is certainly less than 100%, but that is not necessarily a good or bad thing. It is only a tool that may give us a better perspective of how the crypto space is evolving.
The science of using mathematical theories and computation in order to encrypt and decrypt information.
A cryptocurrency created by the pseudonymous developer(s) Satoshi Nakamoto. The first cryptocurrency, initi...
The total trading value of a given coin - calculated by the product of the supply of the coin by the curren...