QCP Capital: Funds are Accelerating into Major Altcoins, Led by ETH and SOL
According to The Block, QCP Capital noted that with the slowdown in inflation and the boost from the US-Saudi trade agreement, funds are rotating from Bitcoin to mainstream altcoins, driving a market rebound. ETH, SOL, and XRP have risen by 58%, 35%, and 23% respectively this month, significantly outperforming BTC's 22%. Analysts say that ETH's fundamentals are strong and it may become the key allocation direction for the next phase of funds.
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.
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