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
SUI Price Reclaims $1 as Analysts Watch $1.50 Resistance
Smart ring manufacturer Oura (OURA.US) IPO reportedly oversubscribed by about 4 times
According to market sources, the initial public offering (IPO) of smart ring manufacturer Oura in the US stock market has reportedly been oversubscribed by approximately four times.
NEAR Protocol Price Surges Above $5 as Breakout Momentum Builds