BTC is the encryption currency with the largest market capitalization. It quickly surged from $68,000 to over $90,000 after Donald Trump won the US presidential election, which to some extent was foreseeable considering Trump's support for Bitcoin during his campaign. He attended the annual Bitcoin conference in the US and even used this asset to pay for a sandwich. Despite some impressive increases in alternative coins during the same period, Bitcoin's dominance on CoinGecko has soared to nearly 60%, far higher than data from other sources such as CoinMarketCap and TradingView. However, the current context seems to be changing. Although BTC broke $100,000 earlier this week and set a new record of $103,500, the community has long been speculating about the beginning of a new wave of altcoins - a period when alternative currencies, especially those with significant growth compared to BTC, usually occur for several months after a significant increase in Bitcoin's price. The decline in Bitcoin's market dominance over the past week is one of the strongest signs that the era of altcoins has arrived. This is most evident in Ethereum's performance. The largest altcoin has shown a slight increase after the election, rising from about $2,600 to $3,000, a price that has been maintained for some time. However, over the past ten days, its value has begun to increase significantly and on Friday night it surged to over $4,000 for the first time. Therefore, it has caught up with other currencies that have risen significantly during this period, such as XRP, DOGE, XLM, HBAR, and more. In fact, data from CoinGecko shows that among the top 100 major encryption currencies, BTC's performance is close to the bottom, with the largest increase in the past month being 32%. This is far behind leading encryption currencies such as HBAR (612%), XLM (403%), XRP (350%), ALGO (309%), IOTA (307%), SAND (250%), and others. Many industry experts are speculating about the environment of this altcoin season. Earlier this month, the CEO of CryptoQuant stated that this altcoin season will be very different from the past, as only a few assets will be able to exceed expectations.#参与动态用户问卷调研,瓜分$1,000奖池 #AI代币普涨,你最看好哪个? #下一个市值超过$10亿Meme币是?
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BTC is the encryption currency with the largest market capitalization. It quickly surged from $68,000 to over $90,000 after Donald Trump won the US presidential election, which to some extent was foreseeable considering Trump's support for Bitcoin during his campaign. He attended the annual Bitcoin conference in the US and even used this asset to pay for a sandwich. Despite some impressive increases in alternative coins during the same period, Bitcoin's dominance on CoinGecko has soared to nearly 60%, far higher than data from other sources such as CoinMarketCap and TradingView. However, the current context seems to be changing. Although BTC broke $100,000 earlier this week and set a new record of $103,500, the community has long been speculating about the beginning of a new wave of altcoins - a period when alternative currencies, especially those with significant growth compared to BTC, usually occur for several months after a significant increase in Bitcoin's price. The decline in Bitcoin's market dominance over the past week is one of the strongest signs that the era of altcoins has arrived. This is most evident in Ethereum's performance. The largest altcoin has shown a slight increase after the election, rising from about $2,600 to $3,000, a price that has been maintained for some time. However, over the past ten days, its value has begun to increase significantly and on Friday night it surged to over $4,000 for the first time. Therefore, it has caught up with other currencies that have risen significantly during this period, such as XRP, DOGE, XLM, HBAR, and more. In fact, data from CoinGecko shows that among the top 100 major encryption currencies, BTC's performance is close to the bottom, with the largest increase in the past month being 32%. This is far behind leading encryption currencies such as HBAR (612%), XLM (403%), XRP (350%), ALGO (309%), IOTA (307%), SAND (250%), and others. Many industry experts are speculating about the environment of this altcoin season. Earlier this month, the CEO of CryptoQuant stated that this altcoin season will be very different from the past, as only a few assets will be able to exceed expectations.#参与动态用户问卷调研,瓜分$1,000奖池 #AI代币普涨,你最看好哪个? #下一个市值超过$10亿Meme币是?