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Last update on 2025-12-31 / Affiliate links / Product Titles, Images, Descriptions from Amazon Product Advertising API

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FAQ:

Q: What is market cap in cryptocurrency?

A: The market cap of a cryptocurrency is the price per token multiplied by the number of tokens in circulation (circulating supply, not total supply).

Q: What is the bitcoin dominance index?

A: The Bitcoin Dominance Index is a metric that traders can use to quickly get a sense of Bitcoin’s value relative to that of the broader digital currency market. This index, offered by CoinMarketCap, measures Bitcoin’s market capitalisation (market cap) compared to the overall market for these digital assets. [1]

Q: What is bitcoin dominance?

A: The market dominance of bitcoin, or the largest cryptocurrency’s value as a share of the overall market, has dropped to about 55%, the lowest since April 2019, according to Messari and CoinGecko. That’s down from about 70% at the start of the year.