Data: Since January 21, Bitcoin has fallen by 8.2%, while altcoins have dropped nearly 30%
ChainCatcher news, according to Glassnode’s on-chain data, Bitcoin’s market capitalization reached a peak of $2.1 trillion on January 21, while altcoins (excluding Ethereum and stablecoins) peaked at $1.03 trillion on December 8 last year. Since then, Bitcoin’s market capitalization has dropped by 8.2%, while altcoins’ market capitalization has decreased by 29.8%, indicating a shift in capital preference.
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