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Stablecoin Dominance

(USDC_MARKETCAP+USDT+DAI_MARKETCAP+BUSD_MARKETCAP)/TOTAL  
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(USDC_MARKETCAP+USDT+DAI_MARKETCAP+BUSD_MARKETCAP)/TOTAL  
Trend Analysis Technical Indicators crypto stablecoin marketcap
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trendanalysis indicator crypto stablecoin marketcap
Stablecoin Dominance is a measure of crypto market sentiment. It is calculated as the percentage of the total crypto market cap that is comprised of stablecoins. A decreasing value signals a risk-on market while an increasing value is a sign of risk-off conditions. USDT, USDC, BUSD, and DAI are the stablecoins selected for the calculation.
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