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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)$69,639.002.53%
  • ethereumEthereum(ETH)$2,430.391.13%
  • tetherTether(USDT)$1.000.23%
  • binancecoinBNB(BNB)$564.842.13%
  • solanaSolana(SOL)$167.175.42%
  • usd-coinUSDC(USDC)$1.000.09%
  • rippleXRP(XRP)$0.522.48%
  • dogecoinDogecoin(DOGE)$0.1704364.47%
  • staked-etherLido Staked Ether(STETH)$2,428.061.16%
  • tronTRON(TRX)$0.160489-1.57%
© 2024 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$69,639.002.53%
  • ethereumEthereum(ETH)$2,430.391.13%
  • tetherTether(USDT)$1.000.23%
  • binancecoinBNB(BNB)$564.842.13%
  • solanaSolana(SOL)$167.175.42%
  • usd-coinUSDC(USDC)$1.000.09%
  • rippleXRP(XRP)$0.522.48%
  • dogecoinDogecoin(DOGE)$0.1704364.47%
  • staked-etherLido Staked Ether(STETH)$2,428.061.16%
  • tronTRON(TRX)$0.160489-1.57%