Bitcoin market share rebounds to 62%, and institutional investors continue to favor blue-chip crypto assets
On June 25, it was reported that after Bitcoin experienced a significant decline in May, which fell to 59%, its market share has now rebounded to 62%. This indicator represents the proportion of Bitcoin's market value in the total market value of all crypto assets and is an important indicator of market sentiment and potential altcoin market dynamics. Typically, a low Bitcoin market share means increased investor interest in altcoins. The current upward trend in market share shows that the flow of funds is still dominated by Bitcoin, and small crypto assets receive relatively limited attention, which may delay the launch of the broader altcoin market. This round of market share rebound reflects that while crypto assets are receiving increasing attention on Wall Street, investment models have also diverged. Although traditional financial institutions are increasingly interested in cryptocurrencies, this popularity is mainly concentrated on Bitcoin, and altcoins have not yet ushered in a similar institutional "craze." This preference has also spread to crypto-related stocks, further curbing the attention of altcoins.
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