A great question. The recent behavior of the crypto market, especially with Bitcoin (BTC), can be explained by economic, institutional, and strategic factors. Here is a clear and concise explanation: BITCOIN with large trading volumes
R:$BTC
The cryptocurrency market has shown strong appreciation in Bitcoin, which has surpassed $70,000 in the last 6 months, mainly driven by the entry of large corporations, funds, and financial institutions. These companies do not buy BTC on regular exchanges (like Binance and others), but rather through operations called OTC (Over The Counter), which are private and direct trades, outside the market's order book. This avoids price impact and ensures greater security and discretion. Meanwhile, altcoins and memecoins suffer from a lack of liquidity, unstable speculation, and low institutional confidence, which explains the absence of significant volume and the preference of large investors for BTC, seen as a safe and scarce digital reserve—especially in times of global economic uncertainty and the expectation of new interest rate cuts in the U.S.