Bitcoin dominance refers to Bitcoin’s market capitalization as a percentage of the total copyright market. A high dominance level suggests that Bitcoin is outperforming altcoins, often signaling a stronger Bitcoin bull run. Conversely, when Bitcoin dominance declines, altcoins may be gaining traction, leading to market shifts. Traders use Bitcoin dominance to assess market sentiment and portfolio strategies. Monitoring Bitcoin dominance alongside real-time price updates on btc price live provides valuable insights into overall copyright market trends.