{"id":13529,"date":"2024-12-30T17:22:19","date_gmt":"2024-12-30T17:22:19","guid":{"rendered":"https:\/\/prestmit.io\/blog\/?p=13529"},"modified":"2025-02-08T16:39:42","modified_gmt":"2025-02-08T16:39:42","slug":"bitcoin-dominance-chart","status":"publish","type":"post","link":"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart","title":{"rendered":"What Is The Bitcoin Dominance Chart?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69decab65a88f\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69decab65a88f\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart\/#Understanding_The_Bitcoin_Dominance_Chart\" >Understanding The Bitcoin Dominance Chart<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart\/#How_To_Interpret_The_Bitcoin_Dominance_Chart\" >How To Interpret The Bitcoin Dominance Chart<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart\/#How_The_Bitcoin_Dominance_Chart_Is_Calculated\" >How The Bitcoin Dominance Chart Is Calculated<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart\/#Importance_Of_The_Bitcoin_Dominance_Chart\" >Importance Of The Bitcoin Dominance Chart<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart\/#1_Market_Sentiment_Indicator\" >1. Market Sentiment Indicator<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart\/#2_Risk_Management_Tools\" >2. Risk Management Tools<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart\/#3_Market_Trend_Indicator\" >3. Market Trend Indicator<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart\/#Factors_That_Influence_The_Bitcoin_Dominance_Chart\" >Factors That Influence The Bitcoin Dominance Chart<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart\/#1_Volatility_In_Bitcoin_Price\" >1. Volatility In Bitcoin Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart\/#2_Altcoin_Market_Performance\" >2. Altcoin Market Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart\/#3_Global_Economic_Conditions\" >3. Global Economic Conditions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart\/#4_Regulatory_Landscape\" >4. Regulatory Landscape<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart\/#Frequently_Asked_Questions_FAQs_About_The_Bitcoin_Dominance_Chart\" >Frequently Asked Questions (FAQs) About The Bitcoin Dominance Chart<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart\/#What_Is_The_Significance_Of_The_BTC_Dominance_Chart\" >What Is The Significance Of The BTC Dominance Chart?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart\/#How_Can_I_Use_The_Dominance_Chart_For_Investment_Decisions\" >How Can I Use The Dominance Chart For Investment Decisions?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart\/#What_Is_The_Relationship_Between_The_BTC_Dominance_Chart_And_Market_Trends\" >What Is The Relationship Between The BTC Dominance Chart And Market Trends?<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p><span style=\"font-weight: 400;\">The growing investors\u2019 interest in the prospect of cryptocurrency as one of the <a href=\"https:\/\/prestmit.io\/blog\/10-best-ways-make-money-online-nigeria\">best ways to make money online<\/a> has given rise to many digital assets vying for attention and investment in the complex crypto landscape. <a href=\"https:\/\/prestmit.io\/blog\/bitcoin-101\">Bitcoin<\/a>, on its right, stands out as the largest and most popular cryptocurrency. While this crypto asset continues to gain traction, especially as it recently <a href=\"https:\/\/prestmit.io\/blog\/bitcoin-hit-100k-driving-historic-price-surge\">smashed the $100K psychological level<\/a>, this article dives deep into the Bitcoin Dominance Chart. It is an essential tool for investors, analysts, and enthusiasts seeking to understand the relative strength and influence of Bitcoin in the broader crypto market.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Understanding_The_Bitcoin_Dominance_Chart\"><\/span><span style=\"font-weight: 400;\">Understanding The Bitcoin Dominance Chart<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img decoding=\"async\" class=\"alignnone wp-image-8174 size-full lazyload\" data-src=\"https:\/\/blog.prestmit.io\/wp-content\/uploads\/2023\/05\/MotleyFool-TMOT-feccc6d4-bitcoin-logo.jpg\" alt=\"Bitcoin Dominance Chart \" width=\"1320\" height=\"880\" data-srcset=\"https:\/\/blog.prestmit.io\/wp-content\/uploads\/2023\/05\/MotleyFool-TMOT-feccc6d4-bitcoin-logo.jpg 1320w, https:\/\/blog.prestmit.io\/wp-content\/uploads\/2023\/05\/MotleyFool-TMOT-feccc6d4-bitcoin-logo-1024x683.jpg 1024w, https:\/\/blog.prestmit.io\/wp-content\/uploads\/2023\/05\/MotleyFool-TMOT-feccc6d4-bitcoin-logo-150x100.jpg 150w, https:\/\/blog.prestmit.io\/wp-content\/uploads\/2023\/05\/MotleyFool-TMOT-feccc6d4-bitcoin-logo-768x512.jpg 768w\" data-sizes=\"(max-width: 1320px) 100vw, 1320px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1320px; --smush-placeholder-aspect-ratio: 1320\/880;\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The Bitcoin Dominance Chart is a graphical representation of BTC market capitalization as a percentage of the total crypto market capitalization. In other words, the dominance chart measures Bitcoin&#8217;s relative size and influence compared to other digital assets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The chart is often displayed as a line graph, with the x-axis representing time and the y-axis representing the percentage of BTC dominance.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_To_Interpret_The_Bitcoin_Dominance_Chart\"><\/span><span style=\"font-weight: 400;\">How To Interpret The Bitcoin Dominance Chart<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The following are the ways to effectively interpret the dominance chart:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\"><strong>Trend Analysis:<\/strong> Identify trends in the chart, including uptrends, downtrends, or sideways movements.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><strong>Support and Resistance Levels:<\/strong> Look for support and resistance levels, which can indicate potential reversals or continuous trends.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><strong>Correlations with Other Indicators:<\/strong> Compare the Bitcoin Dominance Chart with other technical and fundamental indicators to gain a more extensive understanding of market trends.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><strong>Historical Contexts:<\/strong> Explore the chart&#8217;s historical context, such as previous trends, reversals, and market events.<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_The_Bitcoin_Dominance_Chart_Is_Calculated\"><\/span><span style=\"font-weight: 400;\">How The Bitcoin Dominance Chart Is Calculated<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img decoding=\"async\" class=\"alignnone wp-image-13532 size-full lazyload\" data-src=\"https:\/\/blog.prestmit.io\/wp-content\/uploads\/2024\/12\/IMG-20241230-WA0002.jpg\" alt=\"Bitcoin Dominance Chart \" width=\"1000\" height=\"485\" data-srcset=\"https:\/\/blog.prestmit.io\/wp-content\/uploads\/2024\/12\/IMG-20241230-WA0002.jpg 1000w, https:\/\/blog.prestmit.io\/wp-content\/uploads\/2024\/12\/IMG-20241230-WA0002-150x73.jpg 150w, https:\/\/blog.prestmit.io\/wp-content\/uploads\/2024\/12\/IMG-20241230-WA0002-768x372.jpg 768w\" data-sizes=\"(max-width: 1000px) 100vw, 1000px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1000px; --smush-placeholder-aspect-ratio: 1000\/485;\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The dominance chart is calculated by dividing Bitcoin\u2019s market capitalization by the total market capitalization of all cryptocurrencies. The result is then multiplied by 100 to express the value as a percentage.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For instance, if the Bitcoin market capitalization is $2 trillion and the total crypto market capitalization is $3.5 trillion, the Bitcoin Dominance Chart would show a value of 57.14% ($2 trillion <\/span><span style=\"font-weight: 400;\">\u00f7 $3.5 trillion x 100).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Notably, at the time of writing this article, BTC dominance is 54.04%. This hinges on the global market cap at $3.36 trillion and Bitcoin\u2019s market cap at $1.82 trillion.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Importance_Of_The_Bitcoin_Dominance_Chart\"><\/span><span style=\"font-weight: 400;\">Importance Of The Bitcoin Dominance Chart<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"1_Market_Sentiment_Indicator\"><\/span><span style=\"font-weight: 400;\">1. Market Sentiment Indicator<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The dominance chart can be used as a sentiment indicator, reflecting the market\u2019s attitude towards Bitcoin in contrast to other cryptocurrencies. This aligns with the <a href=\"https:\/\/prestmit.io\/blog\/about-crypto-fear-and-greed-index-the-bitcoin-sentiment-tracker\">Bitcoin Fear and Greed Index<\/a> to understand Bitcoin\u2019s market sentiment, and perhaps when to trade.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is widely believed that a rising dominance chart may indicate increasing investors\u2019 confidence in Bitcoin, while a declining chart may suggest growing interest in alternative digital assets.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Risk_Management_Tools\"><\/span><span style=\"font-weight: 400;\">2. Risk Management Tools<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Investors can use the dominance chart to manage risk and diversify their portfolios. You can monitor the chart to identify potential shifts in market sentiment and adjust your investments accordingly.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Market_Trend_Indicator\"><\/span><span style=\"font-weight: 400;\">3. Market Trend Indicator<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">You can also use the Bitcoin Dominance Chart in the crypto market. This is because a sustained increase in Bitcoin\u2019s dominance may indicate a bullish trend, while a prolonged decline may suggest a bearish market trend.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Factors_That_Influence_The_Bitcoin_Dominance_Chart\"><\/span><span style=\"font-weight: 400;\">Factors That Influence The Bitcoin Dominance Chart<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"1_Volatility_In_Bitcoin_Price\"><\/span><span style=\"font-weight: 400;\">1. Volatility In Bitcoin Price<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Constant changes in Bitcoin\u2019s price can significantly affect its dominance chart. A rapid increase in BTC price may increase its dominance, while a sharp decline can decrease it.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Altcoin_Market_Performance\"><\/span><span style=\"font-weight: 400;\">2. Altcoin Market Performance<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The direction of the dominance chart can also be a function of altcoins&#8217; performance. Bitcoin\u2019s dominance may decline if altcoins record significant growth.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Global_Economic_Conditions\"><\/span><span style=\"font-weight: 400;\">3. Global Economic Conditions<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Economic conditions such as inflation, interest rates, and geopolitical tensions can impact the Bitcoin Dominance Chart as investors\u2019 interest may dwindle, such that the value of Bitcoin drops and affects its dominance.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Regulatory_Landscape\"><\/span><span style=\"font-weight: 400;\">4. Regulatory Landscape<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">It is common knowledge that the regulatory framework for Bitcoin and other cryptocurrencies is not balanced across the world. Therefore, favorable regulations can increase investors\u2019 confidence in Bitcoin, which, in turn, increases its dominance.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs_About_The_Bitcoin_Dominance_Chart\"><\/span><span style=\"font-weight: 400;\">Frequently Asked Questions (FAQs) About The Bitcoin Dominance Chart<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_Is_The_Significance_Of_The_BTC_Dominance_Chart\"><\/span><span style=\"font-weight: 400;\">What Is The Significance Of The BTC Dominance Chart?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The dominance chart provides valuable insights into Bitcoin&#8217;s relative strength and influence in the crypto market.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_Can_I_Use_The_Dominance_Chart_For_Investment_Decisions\"><\/span><span style=\"font-weight: 400;\">How Can I Use The Dominance Chart For Investment Decisions?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Investors can monitor the Bitcoin Dominance Chart to identify potential shifts in market sentiment and adjust their investments.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_Is_The_Relationship_Between_The_BTC_Dominance_Chart_And_Market_Trends\"><\/span><span style=\"font-weight: 400;\">What Is The Relationship Between The BTC Dominance Chart And Market Trends?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">An increase in Bitcoin&#8217;s dominance may indicate a bullish trend and a decline in dominance may indicate a bearish trend.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><span style=\"font-weight: 400;\">Conclusion<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">The Bitcoin Dominance Chart is widely used to fully grasp the complexity and dynamism of the crypto market. While the chart is not a definitive predictor of future market movements, it can serve as a useful indicator for informed investment decisions. So, the chart will remain an essential metric for navigating the ever-changing crypto landscape as the market continues to evolve.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The growing investors\u2019 interest in the prospect of cryptocurrency as one of the best ways to make money online has given rise to many digital assets vying for attention and investment in the complex crypto landscape. Bitcoin, on its right, stands out as the largest and most popular cryptocurrency. While this crypto asset continues to [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":13533,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1788],"tags":[12,2240],"class_list":["post-13529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-bitcoin","tag-bitcoin-dominance-chart"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.5 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What Is The Bitcoin Dominance Chart? - Prestmit<\/title>\n<meta name=\"description\" content=\"Did you know about the Bitcoin Dominance Chart? Learn more about this graphical representation to make informed investment decisions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Is The Bitcoin Dominance Chart?\" \/>\n<meta property=\"og:description\" content=\"Did you know about the Bitcoin Dominance Chart? Learn more about this graphical representation to make informed investment decisions.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart\" \/>\n<meta property=\"og:site_name\" content=\"Prestmit\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/prestmit\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/prestmit\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-30T17:22:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-08T16:39:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blog.prestmit.io\/wp-content\/uploads\/2024\/12\/Blog_Post_10-4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1075\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kolade Elusanmi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/www.twitter.com\/prestmit\" \/>\n<meta name=\"twitter:site\" content=\"@prestmit\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kolade Elusanmi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/bitcoin-dominance-chart#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/bitcoin-dominance-chart\"},\"author\":{\"name\":\"Kolade Elusanmi\",\"@id\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/#\\\/schema\\\/person\\\/fe1c4128cb422173c2e9cedf9890d6e3\"},\"headline\":\"What Is The Bitcoin Dominance Chart?\",\"datePublished\":\"2024-12-30T17:22:19+00:00\",\"dateModified\":\"2025-02-08T16:39:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/bitcoin-dominance-chart\"},\"wordCount\":801,\"publisher\":{\"@id\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/bitcoin-dominance-chart#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/blog.prestmit.io\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/Blog_Post_10-4.jpg\",\"keywords\":[\"bitcoin\",\"Bitcoin Dominance Chart\"],\"articleSection\":[\"Cryptocurrency\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/bitcoin-dominance-chart\",\"url\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/bitcoin-dominance-chart\",\"name\":\"What Is The Bitcoin Dominance Chart? - Prestmit\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/bitcoin-dominance-chart#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/bitcoin-dominance-chart#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/blog.prestmit.io\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/Blog_Post_10-4.jpg\",\"datePublished\":\"2024-12-30T17:22:19+00:00\",\"dateModified\":\"2025-02-08T16:39:42+00:00\",\"description\":\"Did you know about the Bitcoin Dominance Chart? Learn more about this graphical representation to make informed investment decisions.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/bitcoin-dominance-chart#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/prestmit.io\\\/blog\\\/bitcoin-dominance-chart\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/bitcoin-dominance-chart#primaryimage\",\"url\":\"https:\\\/\\\/blog.prestmit.io\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/Blog_Post_10-4.jpg\",\"contentUrl\":\"https:\\\/\\\/blog.prestmit.io\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/Blog_Post_10-4.jpg\",\"width\":2048,\"height\":1075},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/bitcoin-dominance-chart#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What Is The Bitcoin Dominance Chart?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/\",\"name\":\"Prestmit\",\"description\":\"Blog\",\"publisher\":{\"@id\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/#organization\"},\"alternateName\":\"Prest\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/#organization\",\"name\":\"Prestmit\",\"alternateName\":\"Prestmit\",\"url\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/blog.prestmit.io\\\/wp-content\\\/uploads\\\/2022\\\/11\\\/Prestmit-Image.jpg\",\"contentUrl\":\"https:\\\/\\\/blog.prestmit.io\\\/wp-content\\\/uploads\\\/2022\\\/11\\\/Prestmit-Image.jpg\",\"width\":2370,\"height\":1670,\"caption\":\"Prestmit\"},\"image\":{\"@id\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/prestmit\",\"https:\\\/\\\/x.com\\\/prestmit\",\"https:\\\/\\\/www.instagram.com\\\/prestmit\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/#\\\/schema\\\/person\\\/fe1c4128cb422173c2e9cedf9890d6e3\",\"name\":\"Kolade Elusanmi\",\"description\":\"Kolade is a financial and cryptocurrency writer with years of experience developing well-researched, SEO-friendly articles that are engaging, relatable, and compelling. His writings are flexible and unique, as he is keen on converting readers to users with his educative and descriptive articles.\",\"sameAs\":[\"https:\\\/\\\/prestmit.io\",\"https:\\\/\\\/www.facebook.com\\\/prestmit\",\"https:\\\/\\\/www.instagram.com\\\/prestmit\",\"https:\\\/\\\/x.com\\\/https:\\\/\\\/www.twitter.com\\\/prestmit\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCtfCmHtHdpU0cOW3JY1pnMA\"],\"url\":\"https:\\\/\\\/prestmit.io\\\/blog\\\/author\\\/idklade\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"What Is The Bitcoin Dominance Chart? - Prestmit","description":"Did you know about the Bitcoin Dominance Chart? Learn more about this graphical representation to make informed investment decisions.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart","og_locale":"en_US","og_type":"article","og_title":"What Is The Bitcoin Dominance Chart?","og_description":"Did you know about the Bitcoin Dominance Chart? Learn more about this graphical representation to make informed investment decisions.","og_url":"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart","og_site_name":"Prestmit","article_publisher":"https:\/\/www.facebook.com\/prestmit","article_author":"https:\/\/www.facebook.com\/prestmit","article_published_time":"2024-12-30T17:22:19+00:00","article_modified_time":"2025-02-08T16:39:42+00:00","og_image":[{"width":2048,"height":1075,"url":"https:\/\/blog.prestmit.io\/wp-content\/uploads\/2024\/12\/Blog_Post_10-4.jpg","type":"image\/jpeg"}],"author":"Kolade Elusanmi","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/www.twitter.com\/prestmit","twitter_site":"@prestmit","twitter_misc":{"Written by":"Kolade Elusanmi","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart#article","isPartOf":{"@id":"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart"},"author":{"name":"Kolade Elusanmi","@id":"https:\/\/prestmit.io\/blog\/#\/schema\/person\/fe1c4128cb422173c2e9cedf9890d6e3"},"headline":"What Is The Bitcoin Dominance Chart?","datePublished":"2024-12-30T17:22:19+00:00","dateModified":"2025-02-08T16:39:42+00:00","mainEntityOfPage":{"@id":"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart"},"wordCount":801,"publisher":{"@id":"https:\/\/prestmit.io\/blog\/#organization"},"image":{"@id":"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart#primaryimage"},"thumbnailUrl":"https:\/\/blog.prestmit.io\/wp-content\/uploads\/2024\/12\/Blog_Post_10-4.jpg","keywords":["bitcoin","Bitcoin Dominance Chart"],"articleSection":["Cryptocurrency"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart","url":"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart","name":"What Is The Bitcoin Dominance Chart? - Prestmit","isPartOf":{"@id":"https:\/\/prestmit.io\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart#primaryimage"},"image":{"@id":"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart#primaryimage"},"thumbnailUrl":"https:\/\/blog.prestmit.io\/wp-content\/uploads\/2024\/12\/Blog_Post_10-4.jpg","datePublished":"2024-12-30T17:22:19+00:00","dateModified":"2025-02-08T16:39:42+00:00","description":"Did you know about the Bitcoin Dominance Chart? Learn more about this graphical representation to make informed investment decisions.","breadcrumb":{"@id":"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart#primaryimage","url":"https:\/\/blog.prestmit.io\/wp-content\/uploads\/2024\/12\/Blog_Post_10-4.jpg","contentUrl":"https:\/\/blog.prestmit.io\/wp-content\/uploads\/2024\/12\/Blog_Post_10-4.jpg","width":2048,"height":1075},{"@type":"BreadcrumbList","@id":"https:\/\/prestmit.io\/blog\/bitcoin-dominance-chart#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/prestmit.io\/blog\/"},{"@type":"ListItem","position":2,"name":"What Is The Bitcoin Dominance Chart?"}]},{"@type":"WebSite","@id":"https:\/\/prestmit.io\/blog\/#website","url":"https:\/\/prestmit.io\/blog\/","name":"Prestmit","description":"Blog","publisher":{"@id":"https:\/\/prestmit.io\/blog\/#organization"},"alternateName":"Prest","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/prestmit.io\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/prestmit.io\/blog\/#organization","name":"Prestmit","alternateName":"Prestmit","url":"https:\/\/prestmit.io\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/prestmit.io\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/blog.prestmit.io\/wp-content\/uploads\/2022\/11\/Prestmit-Image.jpg","contentUrl":"https:\/\/blog.prestmit.io\/wp-content\/uploads\/2022\/11\/Prestmit-Image.jpg","width":2370,"height":1670,"caption":"Prestmit"},"image":{"@id":"https:\/\/prestmit.io\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/prestmit","https:\/\/x.com\/prestmit","https:\/\/www.instagram.com\/prestmit"]},{"@type":"Person","@id":"https:\/\/prestmit.io\/blog\/#\/schema\/person\/fe1c4128cb422173c2e9cedf9890d6e3","name":"Kolade Elusanmi","description":"Kolade is a financial and cryptocurrency writer with years of experience developing well-researched, SEO-friendly articles that are engaging, relatable, and compelling. His writings are flexible and unique, as he is keen on converting readers to users with his educative and descriptive articles.","sameAs":["https:\/\/prestmit.io","https:\/\/www.facebook.com\/prestmit","https:\/\/www.instagram.com\/prestmit","https:\/\/x.com\/https:\/\/www.twitter.com\/prestmit","https:\/\/www.youtube.com\/channel\/UCtfCmHtHdpU0cOW3JY1pnMA"],"url":"https:\/\/prestmit.io\/blog\/author\/idklade"}]}},"_links":{"self":[{"href":"https:\/\/prestmit.io\/blog\/wp-json\/wp\/v2\/posts\/13529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prestmit.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prestmit.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prestmit.io\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/prestmit.io\/blog\/wp-json\/wp\/v2\/comments?post=13529"}],"version-history":[{"count":1,"href":"https:\/\/prestmit.io\/blog\/wp-json\/wp\/v2\/posts\/13529\/revisions"}],"predecessor-version":[{"id":13534,"href":"https:\/\/prestmit.io\/blog\/wp-json\/wp\/v2\/posts\/13529\/revisions\/13534"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prestmit.io\/blog\/wp-json\/wp\/v2\/media\/13533"}],"wp:attachment":[{"href":"https:\/\/prestmit.io\/blog\/wp-json\/wp\/v2\/media?parent=13529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prestmit.io\/blog\/wp-json\/wp\/v2\/categories?post=13529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prestmit.io\/blog\/wp-json\/wp\/v2\/tags?post=13529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}