Red/Green dot on Menu bar icon

Every so often I see a red or green dot that covers the upper-right quarter of the BTT icon in the Menu bar. However, try and search as I might I cannot figure out what these dots signify, as they will appear and disappear randomly (or I'm doing something I'm unaware of). Can anyone tell me what these dots signify? Thanks.

Available updates for the red one.

Thanks. I did check for updates and had one. Any idea about the green dot?

Ehhhh. @Andreas_Hegenberg

The green dot means that an update has been installed automatically. It should go away as soon as you click the icon.

I think it only shows if you have background updates enabled (so users can still notice a new version has been installed and check the release notes if they want to)

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Ah, all right. Thanks.