Cryptos: 8 650
Exchanges: 19
Market capitalization: $2.55T

Bitcoin Dominance

62.13%

Bitcoin's share of the total crypto market capitalization. Track how capital moves between Bitcoin and altcoins.

Total Market Cap

$2.55T

Bitcoin Market Cap

$1.59T

Stablecoins Market Cap

$229.59B

BTC, ETH and Stablecoins Dominance

Stablecoins include tokenized gold. Their share is recorded from the start of hourly snapshots.

Why track Bitcoin dominance

Bitcoin usually sets the tone for the whole market. When its dominance rises, capital is concentrating in BTC — often a sign of caution or of an early bull phase. When it falls, money flows into altcoins, which historically happens in late bull markets (altcoin season).

FAQ

What is Bitcoin dominance?+

It is the percentage of the total crypto market capitalization that belongs to Bitcoin: Bitcoin market cap divided by the market cap of all tracked coins.

What makes Bitcoin dominance change?+

It rises when Bitcoin's market cap grows faster (or falls slower) than the rest of the market, and declines when altcoins outperform Bitcoin. New stablecoin issuance also lowers it, because it adds to the total market cap.

How is it related to altcoin season?+

A bull market usually starts with Bitcoin. Later, profits rotate into ETH and other coins and Bitcoin dominance falls — this rotation is called altcoin season. Compare with the Altcoin Season Index.

Why can the history have gaps?+

History before hourly snapshots is rebuilt from stored total market cap candles. Days where that total is missing or was distorted by data errors are left out rather than shown with wrong values.

CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.

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