CryptoQuant Founder: Bitcoin's dominance has recently fallen by 6%, with only a few altcoins attracting new liquidity
On December 20, Ki Young Ju, the founder of CryptoQuant, pointed out that Bitcoin's dominance has recently fallen by 6%, with XRP contributing 3% to this decline. Currently, the dominance is rebounding.
He stated that only a few altcoins have attracted increased liquidity and there is limited rotation from BTC to these altcoins. This isn't a traditional "altcoin season" in its usual sense but rather seems like a season for individual standout altcoins.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The total value locked in Optimism bridge surpasses 1 million ETH
Solana blockchain TVL is currently $8.948 billions.
Trending news
MoreCrypto prices
More
