Update: Bitcoin dominance

content/glossary/_index.md

@@ -83,7 +83,7 @@ There are two main types of automated market makers. One may be governed and set
 | ⚠️ | Bid-ask spread | TBD |
 | ⚠️ | Bitcoin | An immutable and trustless ledger made up of a decentralized network of nodes to manage and issue a global digital currency that mimics gold's property of scarcity via a hard limit of 21 million coins. Explicitly it is used as a store of value by mimicking the properties of money. It is the first successful attempt at issuing decentralized currency, non-fiat, non-state actor currency which solves the double-spend problem.|
 | 👷 | Bitcoin core | Bitcoin Core consists of both “full-node” software for fully validating the blockchain as well as a bitcoin wallet. Bitcoin Core is programmed to decide which blockchain contains a valid transaction. Users of Bitcoin Core only accept transactions for that blockchain, making it the Bitcoin blockchain that everyone else to use. The open-source project maintains and releases Bitcoin client software called “Bitcoin Core”; which is the descendant of the original Bitcoin software client by Satoshi Nakamoto after publishing the Bitcoin whitepaper. |
-| ⚠️ | Bitcoin dominance | TBD |
+| 👷 | Bitcoin dominance | The term used to illustrate how much importance Bitcoin currency to scale in the overall crypto economy. It's the ratio between the market cap of Bitcoin to the rest of the cryptocurrency markets. It provides traders valuable information useful in gaining insight into markets, more specifically sentiment of traders. The price of an asset is a function of supply and demand, so the index effectively measures demand for Bitcoin relative to the demand for altcoins. |
 | ⚠️ | Bitcoin Improvement Proposals (BIPS) | TBD |
 | ⚠️ | Blockchain | TBD |
 | ⚠️ | Block explorer | TBD |