CryptoQuant CEO: BTC Dominance Unlikely to Decline Soon Given Growth Rate
CryptoQuant Founder and CEO Ki Young Ju said in a post on the X platform that Bitcoin's dominance is unlikely to decline anytime soon given the growth rates, with large-cap stocks up 16% and mid-cap and small-cap stocks up 10% during the 37% increase in BTC's market capitalisation, and small and mid-cap cryptocurrencies the only other time they outperformed the growth of BTC's market capitalisation being in April's Memecoin season.
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
A Whale Closes PUMP Short Position, Profiting $2.448 Million
Data: Only 5.3% of Bitcoin Remains Unmined, Over 7.5% Permanently Lost
Domestic Gold ETF Holdings Surge 173.73% Year-on-Year in the First Half of the Year
Trending news
MoreCrypto prices
More
