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ETH $1,919.05 -2.08%
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LINK $8.60 -2.78%
HYPE $70.97 -1.06%
AAVE $75.45 -5.05%
SUI $0.8287 -3.91%
XLM $0.2178 -11.10%
ZEC $562.83 +6.48%

CryptoQuant CEO: Considering the growth rate, BTC dominance is unlikely to decline anytime soon

2024-11-28 22:29:58
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ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju posted on the X platform that, considering the growth rate, Bitcoin's dominance is unlikely to decline anytime soon. During the 37% increase in BTC market capitalization, large-cap stocks rose by 16%, while mid-cap and small-cap stocks increased by 10%. The only time small and mid-cap cryptocurrencies outperformed BTC market capitalization growth was during the Memecoin season in April.

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