📊 July 18 Market Dynamics: Funds are quietly shifting towards a broader market outside of mainstream coins.
Data shows that the cryptocurrency market structure is undergoing a structural adjustment. Bitcoin's market dominance (BTC.D) has decreased by 4.8% over the past week, currently at 61.67%, indicating that investors are accelerating their allocation of funds to other crypto assets. #BTC走势分析
Meanwhile, the overall cryptocurrency market cap has increased by 4.43%, while the market cap excluding Bitcoin (Total2) has surged by 13.19%. Notably, the market cap excluding Bitcoin and Ethereum (Total3) grew by 10%, highlighting the increasing appeal of altcoins in the current market environment.
🔍 Market sentiment is evolving from a "single leader logic" to a "diversified asset allocation". This suggests that investors are actively seeking potential growth opportunities beyond BTC and ETH, and the crypto ecosystem is welcoming a broader influx of funds. #btb