CoinWay
The high market share of Bitcoin is a signal of a new cycle.
Despite Bitcoin's market share remaining high at 61.52%, this is not merely a reflection of market risk aversion, but rather a sign of the market's expectations for a new cycle for Bitcoin. Since March 2021, the increase in Bitcoin's market share indicates that more and more funds are starting to flow into this asset, and with the development of blockchain technology, the market application scenarios for Bitcoin are also continuously expanding.
It can be said that the high market share of Bitcoin is further recognition of its role as
Despite Bitcoin's market share remaining high at 61.52%, this is not merely a reflection of market risk aversion, but rather a sign of the market's expectations for a new cycle for Bitcoin. Since March 2021, the increase in Bitcoin's market share indicates that more and more funds are starting to flow into this asset, and with the development of blockchain technology, the market application scenarios for Bitcoin are also continuously expanding.
It can be said that the high market share of Bitcoin is further recognition of its role as
BTC-1,17%