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3 reasons why the Bitcoin dominance metric is a flawed indicator

September 9, 2020 by DIGIT
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Bitcoin dominance rate is a metric cited by many when forecasting altcoin and BTC rallies but is the indicator reliable?

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Categories Bitcoin, bitcoin dominance, Bitcoin Price, Markets, Markets Analysis
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  • bitcoinBitcoin(BTC)$97,803.003.51%
  • ethereumEthereum(ETH)$3,342.008.44%
  • tetherTether(USDT)$1.00-0.07%
  • solanaSolana(SOL)$253.736.83%
  • binancecoinBNB(BNB)$620.611.59%
  • rippleXRP(XRP)$1.186.82%
  • dogecoinDogecoin(DOGE)$0.3831741.53%
  • usd-coinUSDC(USDC)$1.00-0.08%
  • staked-etherLido Staked Ether(STETH)$3,340.118.47%
  • cardanoCardano(ADA)$0.80-2.06%
© 2024 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$97,803.003.51%
  • ethereumEthereum(ETH)$3,342.008.44%
  • tetherTether(USDT)$1.00-0.07%
  • solanaSolana(SOL)$253.736.83%
  • binancecoinBNB(BNB)$620.611.59%
  • rippleXRP(XRP)$1.186.82%
  • dogecoinDogecoin(DOGE)$0.3831741.53%
  • usd-coinUSDC(USDC)$1.00-0.08%
  • staked-etherLido Staked Ether(STETH)$3,340.118.47%
  • cardanoCardano(ADA)$0.80-2.06%