CryptoQuant CEO: Currently, only a few altcoins maintain a high correlation with Bitcoin
ChainCatcher reports that CryptoQuant founder and CEO Ki Young Ju stated that currently only a few altcoins maintain a high correlation with Bitcoin. Among them, infrastructure tokens such as ETH are underperforming, while tokens related to institutional adoption, stable coins, and memes are more active.
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
Data: 10.3681 million SYRUP transferred from Syrup.fi, routed through intermediaries and flowed into Wintermute
Sahara AI: No unlocks or security incidents have occurred, investigation into abnormal market fluctuations is ongoing
CertiK: Approximately $127 million in confirmed losses from attacks, hacks, and scams in November
Data: Jeffrey Huang continues to increase his long positions in HYPE, with holdings surpassing 100,000 tokens