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The dominance chart of #البيتكوين since the bottom of the 2022 bear market
What does Bitcoin dominance mean?
It is the percentage of Bitcoin's value relative to the total cryptocurrency market.
- If dominance is 50% → it means half of the cryptocurrency market is Bitcoin.
- If it increases → Bitcoin is stronger than other coins (liquidity is concentrated in it).
- If it decreases → altcoins take a larger share of the market.
It is an indicator showing: Is the market focused on Bitcoin, or is it distributed among other coins?