CryptoQuant Founder: Bitcoin—The flow of funds from altcoins has largely dried up, and the logic behind “Altcoin Season” may have changed
Svmuu News: Ki Young Ju, founder of CryptoQuant, wrote that the phenomenon of capital rotation from Bitcoin—which once drove altcoin market trends—has largely disappeared. He pointed out that since 2021, trading volume for altcoins paired with BTC has shrunk significantly, and the market structure has undergone a noticeable shift. Ki Young Ju believes that the era of “Bitcoin’s rise driving a broad rally in altcoins” may have come to an end, and that in the future, altcoins will likely rely more on their own fundamentals, use cases, and independent capital inflows to drive their price increases.
Source:Odaily · Source Link
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