Bitcoin vs. All Cryptocurrencies: The Dominance DebateIs Bitcoin’s market capitalization larger than all other cryptocurrencies combined?
Yes, generally speaking, Bitcoin (BTC) consistently holds the largest market capitalization in the cryptocurrency market. While the exact percentage fluctuates daily, Bitcoin’s market cap typically accounts for a significant portion, often well over 50%, of the total cryptocurrency market. This phenomenon is known as “Bitcoin Dominance.”Let’s break down what this means and why it’s important:Understanding … Read more