Bitcoin Dominance Index

On our Telegram Chanel YOUR CRYPTO BOSS publishes daily analysis on the market with the following phrases every time: “…Capitalisation -n billion, Dominance Index -n%…”.

It is clear with capitalisation — it is the sum of all crypto currencies multiplied by their value, but what is the dominance index? First we need to clarify that we are talking about the Bitcoin Domination Index over Altcoin, and now we will move…