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ETH $1,930.63 -1.70%
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ADA $0.2181 -3.87%
BCH $286.17 -0.29%
LINK $8.65 -2.49%
HYPE $72.18 +2.26%
AAVE $75.81 -3.57%
SUI $0.8317 -3.47%
XLM $0.2195 -12.45%
ZEC $592.33 +11.72%

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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