CryptoQuant Founder: The era of Bitcoin's rise driving altcoins to surge may have ended

BlockBeats News. June 20 — CryptoQuant founder Ki Young Ju said in a social media post that the “Bitcoin to altcoin assets rotation” that once helped drive the altcoin season has basically disappeared.

Since 2021, the altcoin trading volume in BTC trading pairs has shrunk significantly. He believes the era of “altcoins rising across the board just because BTC is rising” may have already come to an end.

BTC1.59%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned