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CryptoQuant CEO: Stablecoin liquidity becomes a key factor driving the altcoin market

CryptoQuant CEO: Stablecoin liquidity becomes a key factor driving the altcoin market

Bitget2024/12/02 02:58

According to Ki Young Ju, CEO of CryptoQuant, the current altcoin season is no longer defined by Bitcoin asset rotation. The growth in altcoin trading volume does not come from BTC trading pairs, but is driven by stable coin and fiat currency trading pairs. This reflects real market growth rather than an asset rotation phenomenon.

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