Bitcoin dominance measures BTC’s present share of the worldwide crypto market cap versus different cryptocurrencies.
- Bitcoin dominance has hit 41.5% as of Jan. 20 — the very best degree over six months.
- Ethereum dominance can be up and presently stands at 19.4%.
- In the meantime, the market cap for the complete crypto area sits at just below $1 trillion.
The BTC-ETH Dominance metric is an oscillator that tracks the macro outperformance tendencies between the highest two crypto-assets. It considers solely Bitcoin’s market cap relative to the mixed market cap of Bitcoin plus Ethereum.
- Decrease values and downtrends point out an outperformance of ETH over the pink line. This implies ETH has been outperforming BTC since early 2021.
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