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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