🔥🚀🔥 BTC Dominance Chart
* Represents the market share of Bitcoin (BTC) compared to the total cryptocurrency market capitalization.
* Indicates investor sentiment towards risk:
* A rise in dominance suggests investors are favoring the relative safety of Bitcoin, potentially signaling a cautious market.
* A decline suggests a shift towards riskier altcoins, often seen in bull markets.
🚀🔥🚀 Altcoin Dominance Chart
* Represents the combined market share of all cryptocurrencies excluding Bitcoin.
* In essence, it's the inverse of BTC dominance chart.
By analyzing both charts, you can gauge the overall market sentiment and make informed investment decisions.
* A rising BTC dominance chart alongside a falling altcoin dominance chart might indicate a bearish market.
* Conversely, a rising altcoin dominance chart alongside a falling BTC dominance chart might suggest a bullish market sentiment.