Currently, total marketcap is declining but BTC dominance rate is increasing. Could anyone tell me what is BTC dominance rate ? Is it good thing to bitcoin, but not to alt coin?
BTC dominance rate, it just means how much bitcoin total market cap/share is compared to total altcoin market cap(ETH,LTC and everything). altcoins have 55% share, while bitcoin alone is 45% dominating the crypto market.