Data: From January 21st to now, Bitcoin has fallen by 8.2%, while altcoins have dropped nearly 30%
According to a message from ChainCatcher, data from Glassnode shows that the market value of Bitcoin reached a peak of 2.1 trillion US dollars on January 21st, while altcoins (excluding Ethereum and stable coins) peaked at 1.03 trillion US dollars on December 8th last year. Since then, the market value of Bitcoin has fallen by 8.2%, and the market value of altcoins has dropped by 29.8%, indicating a shift in capital preference.
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.
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