Bitcoin Forum

Market dominance based on market cap is an overrated thing. When bitcoin dominance was about 52% a lot of people were worried about how it was losing its dominance, and I find it very amusing because it's not important at all. When bitcoin had a market dominance of 80%, it wasn't this big. Ethereum has a market dominance of 11% but it's still one of the least performing coins in the market. A lot of the top coins by market cap are a fluke. Most of them have a ridiculously large amount of coins in circulation. If a coin like Shiba Inu, for example, gets to $1 per coin  (I know it's almost impossible because of how shit it is), that will make its market cap around $589 trillion, which will mean it has a higher market cap than bitcoin. Does that make it more dominant?

According to CoinMarketCap, there are about 19 million coins and tokens out there, and hundreds are being created per day, so it's normal that the percentage of dominance by market cap will keep shifting. At the rate coins get created, I won’t be surprised to see bitcoin "dominance" go lower than 50%. It's very normal because people will use altcoins to get quick money, and that is why these coins always dump because people sell off to get profit at every chance they get.

When talking about dominance, we should look at how acceptable the coin is. Which coin is more acceptable as a means of payment?
Also, the popularity of the coin. Even though only a few percentage of the world holds bitcoin, a lot more percentage of the world know about bitcoin. They may not understand what it is, but they know bitcoin more than any other altcoin. There is no way you will know crypto and not know bitcoin, but you can know bitcoin and not know other altcoins, that's dominance.
We can even look at the coin with superior features. There's a reason big corporations choose bitcoin as their asset, and rumours of countries talking about bitcoin reserves. That's dominance.

Bitcoin dominance is not decreasing and it's an obvious statistics that you can get by looking at both market cap and how much liquidity bitcoin has compared to the entire crypto ecosystem. Basically when bitcoin pumps it has a huge influence on the general market and that is part of the factors that determine the dominance of a particular currency over others.

The only thing that is arguably true is Bitcoin dominance in P2P tradings which I used the term arguably since from a point of view everyone seems to focus more on hodling than actual P2P.

The decentralized nature of bitcoin and due to the fact that bitcoin is censorship resistance makes it unique and gives it dominance over shitcoins because they're duplicate of bitcoin. Bitcoin has been dominating and will continue to dominate in future because bitcoin controls the price movement of the rest coins and is a store of value for long term. The difference is clear, you can't compare apple and orange.

As for me, I willwill be surprised to see Bitcoin dominance get to that 50% because I don't think it will, irrespective of how new altcoin are being created every day, you already defined what people are using it for, to get quick money and that tells you that they can not hold it for long like Bitcoin and at the end of the day, Bitcoin will still remain dominant up at 70% and not less than that. I don't think that any smart Bitcoin investor of this era will sell their Bitcoin to far altcoins.

We're in a different economy now than in previous years. Dominance won't reach around 30-40%. It's not even falling below 60% right now. In fact, once we drop below 60, everyone will talk about the start of an altcoin rally, and we'll soon see a very different picture than we're seeing now :)

Altcoins have very little impact on the market. It wouldn't be healthy for coins or tokens with little financial value to suddenly rise significantly. As long as ethereum is as large as bitcoin and remains the largest major coin everyone trusts, it's perfectly normal for its rises and falls to be similar to bitcoin. I don't find that surprising at all.

Thousands of new tokens enter the market every day, none of them having any value. They start life as shitcoins and within a few days become worthless junk or rugpull :D

Sure the reason why bitcoin would keep increasing in dominance is due to the fact that bitcoin is the only reliable and trusted asset when it comes to Long term investment secondly there are some people that discovered that bitcoin is the only way in which we can be able to escape inflation whenever it comes while Majority is going for the future profit, there are a lot of benefits that is attached to this asset (BTC) which is why there is a high increase in the demand,  this are the things that will trigger the dominance to keep increasing and I don't see any coin that would come from behind to take the dominance away from bitcoin.

Bitcoin dominance is not decreasing and I'm surprised the way you see some of people talking about how this has been a serious challenge in cryptocurrency, we have to understand some things right here because not everything we see online we take as serious the way they appear if you know more about Bitcoin and the network, or let me say cryptocurrency at large then you can compare them all together to know how bitcoin dominance has always been increasing in this manner just as we have it now, just as before.

We definitely can't compare bitcoin dominance with any other coins even though they might be some doubt that bitcoin dominance was quite low at some point yet bitcoin has always been king amongst the cryptocurrencies, even though there might be some coins that has some features that makes them attractive enough yet it no way can stand bitcoin dominance.

Even during altcoins season bitcoin dominance wouldn't even go below what it is because it's the bed rock of all the altcoins that ever existed so they only rally because bitcoin did saw it's biggest ATH for the bull run.

Right! Bitcoin right now is typically an investment asset than a currency which it actually is. I agree it's arguable because from my perception Litecoin is used on P2P this days, I can't really speculation the frequency between bitcoin and Litecoin on P2P yet I believe it's now comparable.

Generally bitcoin is dominant for many reasons, being the starter of every crypto, according to some old guys that bitcoin is the source code of every cryptocurrency out there so there is no way any coin would beat bitcoin in dominance.

Not trying to be funny here, but I have read from a member of this forum that, when bitcoin disappoint one developer, he decides to create his own coin, make profits, dump it and return to bitcoin  ;D

People like to focus mostly on one asset and bitcoin have the characteristics to take the number one position, unlike the altcoins that are very centralized.

Recently since like 2 months ago, bitcoin marketcap decreased from around 66% but it is still above 60.89%. That is still huge and bitcoin remain highly dominant.

This is how, for the past few years, I just buy and hold Bitcoin only.

We must never underestimate Bitcoin because that's why it is the number 1, even a lot of altcoins have already claimed to be "bitcoin killer" and new popping random altcoins. Still, the Bitcoin dominance still growing as time goes by.

https://talkimg.com/images/2025/08/07/UHldzl.png

You are right coin market cap can be misleading and your example about Shiba Inu perfectly shows how huge number of coins can make market cap look bigger than it actually is. I agree that true dominance is better measured by coin acceptance for payments and how well known it is around world. Bitcoin widespread fame even among people who do not fully understand it is powerful kind of dominance that simple percentage can not capture. Fact is that big companies and even countries are looking at Bitcoin as reserve asset really proves its strength no matter what its market cap percentage is.

 I agree with you. Infact, whenever the term crypto currency is mentioned the first coin I think of is Bitcoin and I believe  that is a reference coin in almost every members heart. That shows you how valuable and dominant Bitcoin really is.
In terms of value, longevity and volatility institutions like Fidelity Digital asset highlight Bitcoin’s edge over altcoins.(https://www.fidelitydigitalassets.com/research-and-insights/bitcoin-vs-altcoinsa-5-step-guide)

Bitcoin is Bitcoin, and there is only an unique Bitcoin project with its market cap calculated in market dominance index. At the same time, there are more altcoins in the market and over years, there have been more abundant altcoin projects launched with more market cap calculated for altcoin dominance.

Hence, Bitcoin dominance nowadays is different than in the last year and very different than in past years when there were less altcoins than now.

I disagree in your definition of dominance.

Bitcoin dominates cryptocurrency market but I disagree with your definition on this term.

The topic around Bitcoin's dominance should've been ended by now. The year is 2025, not 2015. OP, were you living under a rock in the past decade?
Bitcoin's dominance drops a little bit, when there's an altcoin season, and Bitcoin's dominance goes up when there's a bull run on the crypto markets. I don't believe that some altcoin is ever going to dethrone Bitcoin as the number one cryptocurrency with the dominant market cap.
Why should we give a damn about shitcoins like Shiba Inu? Maybe the dev team behind Shiba would burn half the Shiba coins and the price would hit levels above 1 dollar. So what? Shiba is still a shitcoin. Should we even compare it to Bitcoin?

People in the market thinks the liquidity just revolve around BTC and altcoin, so whenever altcoin market cap rises, they thought altcoin is gaining dominance and liquidity rotating to altcoin. In reality there are so many low float coin with fake FDV that spams the market.

I agree that bitcoin dominance by market cap can be misleading and altcoin market cap hugely just a fluke.

It reminds me when trump was dropping meme coin and the low float FDV altcoin are dumping with just a dump that's worth a fraction of their FDV and they're already losing more than 50% of their valuation.

It is not possible to determine the real strength of a coin by dominance. Some altcoins sometimes get hyped and at that time they show good dominance in the market but it also disappears after a few days. If a coin is considered only by looking at dominance, then the chances of losing in investment will increase significantly. Sometimes some top altcoins including meme coins have dominance but it is never more popular than Bitcoin. Even if Bitcoin's dominance is 52 percent or less in the market, it can reach new heights again. People can trust it even after a long time. No other how particular a crypto has the global acceptance, which is why judging it only by dominance will be wrong.

This statistical figures from CoinMarketCap show clearly that it's Bitcoin and Others. There is no huge rivalry here, and never will it be.

https://talkimg.com/images/2025/08/07/UHxaCc.jpeg

The market capitalisation of any asset can never be overrated, as it is the direct reflection of the status and economy of that asset. It now depends on what you are using it to measure. For instance, in Bitcoin dominance (crypto space), though it will still not be overrated regardless of the application, yet it may not be appreciative in percentage if more assets are involved. But this doesn't affect the progressiveness of the asset in most cases. Bitcoin is a good example, it continues to rise even as the dominance percentage may not necessarily increase due to too many coins/tokens involved. Thanks to the market capitalisation, it can't be stated as overrated.

This looks almost impossible. Notwithstanding, if it happened, be assured that the market cap of Bitcoin will be measurable in multiples of that of Shib at the time. So Bitcoin dominance will always prevail regardless of the progress made by other coins/tokens.

I would say it's more about what the business and the people think about the market - do they fear or do they beileve.

I am inclined to think that Bitcoin is one of the most reliable options for long-term investment. It is clear that it has a certain cyclicality, but in the long term it still grows, and the growing interest of states and large investment funds will allow it to continue its growth. The same cannot be said about other cryptocurrencies - they are still a riskier option, especially various kinds of memecoins. It is important to understand that memecoins are the trend of this season, and the situation may change in the opposite direction later.

Even Bitcoin is still the highest. And this is enough to prove that Bitcoin is the most dominating asset.

One of the advantages of Bitcoin that distinguishes from other coins is the amount that is fixed and can no longer be printed to increase.
Let alone 19 million or more coins or tokens that continue to be made and available in the crypto room as you say, so it increasingly makes Bitcoin dominating because of the dominance of birth because of the recognition based on functions and other things that people get in Bitcoin. The most common is that people can compare the best coins from the good.

Altcoin a lot so people will judge one or more to be chosen. But if you compare Altcoin with Bitcoin, only one Bitcoin is BTC.

But what do you think about the BTC D. factor as a whole?

Surely, BTC grows in demand and relevance, that's a fact - but BTC D. is just this fact presented in a raw number, so to speak - eventually, attention goes from BTC to something that can be pumped more easily.

Bitcoin dominance is not expected to decrease, not now that Bitcoin is on it's way to the mainstream. So many great factors are in alignment with Bitcoin and there is a silence competition among many financial giants on the quantity of Bitcoin that have in their custody. Therefore, this is not the time to expect Bitcoin to slow down but a time where the dominance is even going to widen.

However, even if Bitcoin's market dominance decreases, it can reach new heights again. People believe it is globally accepted, I think it is not right to analyze currencies in terms of dominance. It is like differentiating between bananas and lychees. When an altcoin becomes popular, dominance appears in the market, but after a few days it is not seen. So I would say it is not right to consider a currency by looking at dominance, if you do so, the possibility of loss in investment is high.

I believe you can analyse currencies based on dominance. The problem becomes when people only think of market cap when they talk about dominance. If a coin has dominance, it will not fail easily. Those altcoins that fail after a while, even though they have a high market cap, don't have dominance.

Using the dollar, for example, it's the fiat currency with the most dominance in the world. That doesn't mean it is the highest currency. Currencies like the Kuwait dinar are higher than the dollar, so if you want to use the currency with the most value to rate currencies, you will have an inaccurate rating.
LIkewise marketcap. If I'm not wrong, the Chinese Yuan has a higher market cap than the US dollar, does that make the Yuan the more dominant Currency?

Helloo, have you guys forget about the four year cycle already? Even if it doesn't work out the exact same way it always rhyme, if this is still very true then the dominance will eventually fall, I see so many people don't want to see the dominance fall, the question is why? Cos of the massive Bitcoin adoption?

If you are right why are millions of dollars going straight into Ethereum right now? I get the whole love for Bitcoin but saying dominance won't fall is like saying there will never be a bear market for Bitcoin anymore, also when people in crypto space start screaming that something won't happen it will happen in the end.

Many don't even know why Bitcoin dominance fall, when money start shifting from Bitcoin into others is when dominance takes a dive, you can't all cancel a truth, that's nothing goes up forever, this includes Bitcoin and it's dominance, stop the hate on other alts.

Even if the 4year cycle doesn't repeat, there will come a time when bitcoin's dominance will decline and give way to altcoins. Because as you said, nothing goes up forever, and the crypto industry is not just about bitcoin and it is not the only potential coin.

After all, we are here for profit, to make money, not to form a new cult and worship something. But it is puzzling that many people have a conservative and stubborn mindset when hating altcoins and rejecting opportunities they can take advantage of to make bigger profits. This reminds me of traditional investors who are conservative and hate bitcoin, and that makes them miss out on a huge opportunity.
We always criticize them and say they are stupid for being stubborn, conservative and unwilling to innovate, but now many people are repeating that mistake. It is true that many altcoins are useless and scams, but that is not all, there are also many altcoins that have the potential to bring good profits in the future.

I don't think Bitcoin dominance in the crypto industry will come to an end. Just like gold it will continue to be the most popular and prestigious crypto asset. Bitcoin price will always determine the market movement.

I used to have the same mentality that I should have nothing to do with altcoins until I saw how a close friend made some good profit from investing in some good ones. There is nothing wrong in identifying some good altcoins and investing in them to make some good returns. It might be risky but they might worth the risk.

Dominance can simply be decided by dividing the total market cap of crypto by bitcoin's and right now it is obvious that bitcoin remains the one on top. The past year, I do not think we really saw altcoins rise so maybe people now think that bitcoin has and will always dominate the market. And maybe that is right but dominance can definitely shift towards altcoins more and in fact has happened before. It is just that currently, the dominance remains to be on bitcoin's favor.

Bitcoin dominance can never be surpassed, the only thing we will see is some drop in bitcoin dominance and not actually any coin surpassing it in dominance. For the drop too I don’t even predict that bitcoin will even reduce to 50% dominance again, the lowest we have seen over the year is a drop to 53% which occurred in December. Right not I don’t think we will actually get to see bitcoin going less than that, in fact I set the support at 58% for now.

As for buying Altcoins I don’t think anyone can deny the fact that some of them bring greater returns in short period of time but that’s how they die off in also a short period of time, they are simply pump and dump. Some that manages to stay live do not measure up to bitcoin interms of return, an example is Ethereum. It is not bad buying these Altcoins but it should be noted that they are simply gamble and not anything sort of an investment because they are no guaranteed return on investment after a long period of holding

I'm not saying bitcoin's dominance will end, I'm just saying it will decline in stages and over time. Because 10 years ago when many altcoins were not born, bitcoin dominance was over 90%. But over time, dominance has declined and has never returned to 70% in this cycle, and will likely continue to decline as more altcoins become stronger in the future. But like you said, it's not going to end and will still dominate the market, but that dominance will be just moderate enough for it to maintain its position as king of the market.

I also wouldn't be surprised if Bitcoin dominance drops to 5x% soon and altcoin season comes, and then it should be to maintain that percentage until the next cycle instead of going back to 6x%.


Regarding altcoins, although many people speak ill of them and deny their existence. But the truth is that they will continue to exist and thrive, and those who believe in them will also make big profits.

Bitcoin's dominance is not decreasing, we have seen for a long time that Bitcoin is always at the top of the cryptocurrency when its price was low but it will reach higher levels over time and create new ATH. Bitcoin has many features that make people interested. I think it is not right to compare Bitcoin with any currency.

It doesn't go up all the time, that's why people call such times alt seasons or meme seasons eventually :D

If carefully examined, my statement was quite clear that bitcoin is supreme, superior and dominance it all sense however you might have a different perception of my post yet I will make it a bit more clearer that yes bitcoin is king it's not just a phrase but in actions, it shows dominance even the rarest moments, however it will keep dominating even though there might be emerge some kind of comparison some days in future which is not predicted just a guess might be wrong or right yet before we anticipate those times bitcoin still remains dominant as the root cryptocurrencies and now even in terms of investment that can return profits within just a few years like 4years.

During the 2021 bull run, bitcoin dominance dropped from 70% to below 40% and if people still believe history will repeat itself. I think Bitcoin dominance dropping below 40% again is normal.


As for altcoins, I agree with you that investing in altcoins is like gambling, but many altcoins are worth investing in, not just ETH. We will soon see ETFs of XRP, Sol or even Doge, and investing in them now has the potential to yield even better returns than bitcoin in the long run. Because bitcoin's cap is no longer small and the smaller the market cap, the better the growth opportunity.

During the 2021 bull season, ETH's ROI outperformed BTC and I wouldn't be surprised if the same thing happens again. Those who buy ETH in 2022 at under $1k will have a better chance of making a profit than those who buy BTC at under $20k when this bull season ends.

Not surprising to think about that since somehow people focus are always with Bitcoin. If people talk about cryptocurrency Bitcoin will be the top and most common coin that they remember.

That's why this coin will always remain relevant even if they say altcoin season would came or Bitcoin would start to collapsed due to whatever fuds they spread.

Bitcoin will be the top choice that's why the progress is so fast and we could see that lots of countries including those corporate institution are now interested to buy this then create a corporate reserve. So far countries taking part of it is bullish and somehow gaining good profits with Bitcoin.

While Bitcoin's dominance is primarily related to the market value of Bitcoin versus Altcoin, in my opinion dominance primarily reflects investor confidence in Bitcoin.

In the example you gave about Shiba Inu, assuming its value reaches $1, I don't think it will replace Bitcoin in the market because investors won't give up Bitcoin to buy Shiba Inu. Therefore, the market cap of Shiba Inu will remain low against Bitcoin even if its price rises to $1.
The same applies to other altcoins, so I believe dominance is related to confidence before price.

Majority of people are beginning to differentiate and understand what Bitcoin and Altcoins are, Bitcoin dominance is not decreasing because of a lot of factors, such as increased buyers on the institutional side of investors via ETFs, also Bitcoin has Maintained its dominance because people are not certain about Altcoins and has more of their investment in Bitcoin .
Cases like war, and geopolitical tensions makes people to stick with Bitcoin rather gambling with Altcoins.

Yes the bitcoin dominance on the overall market was heavily reduced in the last bull run and it was the reason for the reason for the explosive price increase or bull market by the Altcoins, many people still believe that for this kind of bull run to happen again that a similar reduction in bitcoin dominance must have to happen to again, with the dominance coming below 50%. But the reason why I and some people are actually thinking it wouldn’t be affected heavily like that is because of the influx of institutions buying bitcoin now, I don’t think this institutions are going to dump on bitcoin like when weak hands were doing before in the past to move to Altcoins I think they will be holding their bitcoin till the end and even buying more which signifies little hope for altcoin dominance increase.

The other reason is other investors are actually looking towards bitcoin as a safer investment than gambling their money on lots of Altcoins now, in the past bull run they were far less Altcoins in the market and there wasn’t so many pump and dump like we have today, so as to avoid putting in money into just any coin.


Yes I don’t deny the fact that some altcoins outperforms bitcoin in a short period of time as you have highlighted happened in the last bull run, but seriously the likes of Altcoins to do not actually enjoy such money been flow into them again, for example of the bitcoin dominance reduced in the past it was flown into few Altcoins like Ethereum and few others but now with almost 19 million tokens the money will spread that most of these coins will not recieve the same or similar amount of money been invested into them again.

As for the Market cap do you think it still takes people attention to invest into coins

Whether institutions sell bitcoin or not is still a question mark because they enter the market with the same purpose as us, which is profit, nothing more. And none of them have claimed or committed not to sell bitcoins and make a profit.
In their eyes, bitcoin is more like a stock than gold, they do not see it as a safe haven. So I don't believe they will hold it like they hold gold.

Also, if you notice, institutions are also pouring a lot of ETH money. They are openly buying ETH in large amounts and this will happen to many other altcoins as well when the SEC approves ETFs for them. Simply because like I said, profit is what they want and they won't be stupid enough to ignore bigger opportunities like ETH when the government has acknowledged them. That is why I believe bitcoin dominance will decrease further.