Cryptocurrency trade volume

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What is Bitcoin dominance? The Bitcoin dominance metric shows how much of the total cryptocurrency market cap is represented by Bitcoin. Since it is the largest cryptocurrency by market cap, Bitcoin dominance is a useful metric that shows us if confidence in more speculative altcoins is growing or falling.

We calculate Bitcoin dominance by dividing the total cryptocurrency market cap with the market cap of Bitcoin. How is total cryptocurrency volume calculated? PDF format You can only download this statistic as a Premium user. Show source references As a Premium user you get access to the detailed source references and background information about this statistic.

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