This index's goal is to show the true bitcoin dominance relative to other risky crypto assets, excluding the diluting effects of those ever-increasing stablecoin(USDT, USDC, DAI)'s market cap. In this index, we can see the BTC dominance has been solid increasing & construct bottom during recent fear/bear.
Xiaolai Chen Sept 14th 2022
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This update include BUSD marketcap to reflect the ever increasing market power of Binance and its BUSD.