⚠️⚠️⚠️⚠️BTC dominance continues to grow — with no signs of stopping
$BTC shows steady growth. And the more companies and funds try to accumulate Bitcoin in their treasuries, the harder it becomes for altcoins. Especially in the context of large unlocks and a downward trend for many coins.
Yes, last month we saw a short squeeze on $ETH which gave momentum to the market, but as expected — the momentum faded quickly. Spot demand was not enough to sustain the growth of most altcoins.
We say this regularly: choose altcoins wisely. In the long term, most of them will lag behind BTC.
🐋 What do the whales say?