What is crypto dominance?
What Is Crypto Dominance?
Crypto dominance (often "Bitcoin dominance") is the share of total cryptocurrency market cap that one asset represents. If the entire market is worth $2 trillion and Bitcoin is worth $1 trillion, Bitcoin dominance is 50%. It is used to see whether money is flowing into Bitcoin or into altcoins.
How People Use It
When Bitcoin dominance rises, Bitcoin is often outperforming altcoins. When it falls, altcoins may be gaining relative to Bitcoin ("altcoin season"). It is a simple way to gauge market rotation. It does not predict the future; it describes the current split of value.
For You
You do not need to trade on dominance. It can help you understand market structure. In India, whatever you hold or trade, gains are taxable. Focus on your own strategy, risk, and goals rather than short-term dominance moves.