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  4. Which one will take control over the market, Bitcoin or alt coin?

Which one will take control over the market, Bitcoin or alt coin?

tylerwinklevoss
2022-10-21 09:31:46

Bitcoin has been in control of the market since its inception and it appears that no alt coin can displace it from the first position. This is evidenced through the comparison of the market capitalization of Bitcoin and the other coins.

Post Reply  
elandicaprio
2022-10-21 09:39:33

I believe that it is unlikely that any one coin will take the place of Bitcoin. Especially in recent times, due to the publication of a large number of positive news about Bitcoin and the news that the SEC can accept ETF Bitcoin many large investors decided to invest in Bitcoin, which pushed its price up and strengthened the position of Bitcoin against the background of altcoins. Perhaps in the future, the capitalization of all altcoins will greatly accustom to the capitalization of Bitcoin and then it will lose dominance, but in the near future this will not happen.