Part 2/10:
Bitcoin dominance serves as a measure of strength for Bitcoin relative to the myriad of altcoins that inhabit the cryptocurrency landscape. Observers argue that understanding Bitcoin's market dominance is essential, particularly when considering investment strategies. The argument stems from observations during past cycles, particularly post-halving years, when Bitcoin has historically outperformed altcoins. Since Bitcoin tends to preserve value better than most altcoins, monitoring its dominance provides crucial insights into possible market movements.