CryptoQuant CEO: Bitcoin's market share is unlikely to decline rapidly
According to BlockBeats, on November 28, CryptoQuant CEO Ki Young Ju wrote that Bitcoin's market share is unlikely to decline rapidly given its growth rate. During the 37% increase in Bitcoin's market value, large-cap altcoins rose by 16%, while small- and medium-cap altcoins rose by 10%. The only time small- and medium-cap altcoins surpassed Bitcoin's market value growth was during the Meme Season in April.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
TON launches Teleport BTC to enable Bitcoin cross-chain interoperability
Analysts predict: Stablecoins may account for 10% of US M2 and foreign exchange transactions
Clanker Co-creation: After the Clanker contract upgrade, users can receive a 40% fee share
Trending news
MoreCrypto prices
More
