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USDT Dominance ($USDT.D) shows how much percent of the money is on USDT while USDC Dominance ($USDC.D) shows how much percent of the money is on USDC.
They represent the portion of stable coins in the whole #crypto market compared to other cryptocurrencies.
❇️ #Bitcoin and stable coin dominance are inversely correlated. ❇️
✍️🏼A drop in USDT.D + USDC.D can be seen when the investors in the #crypto dicates a BULLISH signal to #crypto and #coins.
From the chart, stable coin dominance has fallen below a 4 years trendline. The breakdown gives a huge insight to us. The investors with smart money have started being Bullish in long term.
Twitter@TATrader_Alan|11:15 AM - Oct 29, 2023
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