BTC dominance refers to the percentage of the total copyright market capitalization that is held by Bitcoin. When BTC dominance is high, it means that Bitcoin comprises a large share of the total market value. This metric is closely watched by traders and analysts, as it gives insight into broader market sentiment. A rising BTC dominance often indicates a shift toward Bitcoin and away from altcoins, signaling a more risk-averse environment. Conversely, falling dominance may suggest that investors are diversifying into alternative cryptocurrencies. While BTC dominance doesn’t directly determine the btc price, it helps contextualize Bitcoin’s role in the overall market. You can monitor this metric alongside real-time price updates on Toobit, which provides a clear and detailed picture of how Bitcoin is performing compared to the rest of the market. Understanding BTC dominance helps investors gauge whether Bitcoin is leading or lagging in the current market cycle.