Bitcoin is approaching its highest price this year, but most of the copycats are still lying low, which shows that the logic of the currency market has undergone a fundamental change.
Most new investors believe that buying Bitcoin cannot change the class, and it is impossible to achieve a small amount of money to make a big difference. ETFs dominate the volatility logic of Bitcoin.
When Ethereum ETF is launched for trading, it may follow the path of Bitcoin. Grayscale's millions of Ethereum may face a large selling pressure.
Old investors have also thoroughly realized the extreme asymmetry of VC coin costs. VC coins are at their peak when they are listed, and coupled with the disgusting operations of VC coin institutions, VC has basically been abandoned by the market.
Since they are all air, new and old investors might as well embrace the relatively fair MEME. This is the current situation of the split currency market.
