OPEN-SOURCE SCRIPT

BTC Dominance Exclude Stablecoins(USDT, USDC, DAI)

Updated
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
Release Notes
This update include BUSD marketcap to reflect the ever increasing market power of Binance and its BUSD.
CryptocurrencydominancebtcFundamental AnalysisVolume

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Disclaimer