This is the current status of the cryptocurrency industry!
Total market value: 2.24 trillion
BTC+ETH market value: 1.4 trillion (BTC=1.26 trillion, ETH=0.31 trillion)
Stablecoin market value: 0.17 trillion
Other altcoin market value: 0.5 trillion
BTC+ETH accounts for 70%, stablecoin accounts for 7.6%, and other altcoins account for
22.3%.
Compared with the previous bull market, $BTC increased by 4.1 times, $ETH increased by 3.9 times, and other altcoins increased by 3 times.
After 4 years of bull and bear cycles, Ethereum did not outperform Bitcoin, and altcoins did not outperform
Ethereum.
The average increase of Bitcoin and Ethereum is about 4 times. Although the total market value of altcoins has increased by 3 times, the number has increased by more than 30 times. Many altcoins have fallen for a long time, and the decline in the past six months has exceeded 80-90%, and the mainstream altcoins have also fallen by 60-80%. (It's really miserable to have a lot of copycats
😭
)
BTC+ETH market capitalization accounts for 70% continuously, which has been basically the case for the past 6 years. Therefore, except for the main bull market or the outbreak of new sectors, BTC+ETH should account for 70% or even 80% to 90% of crypto holdings to ensure investment safety.
Now that the Fed has finally cut interest rates, combined with multiple factors, the market is coming. Before the end of the year, we should pay more attention to market dynamics and seize new opportunities and outbreak points. Do you think the copycat season is coming? Welcome to discuss