Matrixport: The latest round of the "mini altcoin season" has cooled off, with market preference shifting back to Bitcoin
Jinse Finance reported that Matrixport released today's chart, stating, "The latest round of the 'mini altcoin season' has cooled off, and market preference is shifting back to Bitcoin. Bitcoin dominance previously dipped to a recent low of around 56.8%, but has now rebounded to 59.5%, showing a gradual upward trend. In this round, BTC dominance is rising; this phenomenon may be related to increased institutional participation and capital concentrating on highly liquid and more regulatory-compliant assets. Looking back over the past decade, holding Bitcoin has shown more consistent performance and a higher win rate in most periods. Based on this framework, our tactical model has shifted back toward Bitcoin over the past month; as long as dominance continues to rise, the current allocation preference will be maintained for the time being, and will be dynamically adjusted according to market conditions and risk control signals."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Creditlink partners with ListDAO to launch $CDL Vault
Quack AI launches x402 BNB, creating the first unified "sign-to-pay" layer for BNB Chain
ETH Dencun upgrade will go live on the mainnet on December 3rd
Michael Saylor: Bitcoin is clearly positioned as digital gold, and its price will continue to rise in the future.
