#XSuperApp 📢 Why haven't alternative currencies risen despite Bitcoin's surge?

🔍 In recent weeks, the price of Bitcoin has surpassed $110,000, a historic figure. However, we have noticed that alternative currencies have not experienced the same momentum... Why?

1. Entry of institutions and traditional investments:

With the emergence of actual ETF funds, such as IBIT from BlackRock, there has been a massive influx of money directed solely towards Bitcoin, as these institutions are looking for a 'safe asset' before venturing into alternative currencies.

📌 2. Market Maker plays it smart:

When Bitcoin rises sharply without moving the rest of the market, the goal is often to attract liquidity solely towards Bitcoin, and then gradually pull the rug to start the phase of alternative currency explosion.