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CryptoQuant CEO: Bitcoin's market share is unlikely to decline rapidly

CryptoQuant CEO: Bitcoin's market share is unlikely to decline rapidly

Bitget2024/11/28 15:48

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.

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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.

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