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CryptoQuant CEO: BTC Dominance Unlikely to Decline Soon Given Growth Rate

CryptoQuant CEO: BTC Dominance Unlikely to Decline Soon Given Growth Rate

Bitget2024/11/28 16:10

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.

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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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