CryptoQuant CEO: BTC Dominance Unlikely to Decline Soon Given Growth Rate

Bitget2024/11/28 16:10

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

CryptoQuant Founder and CEO Ki Young Ju said in a post on the X platform that Bitcoin's dominance is unlikely to decline anytime soon given the growth rates, with large-cap stocks up 16% and mid-cap and small-cap stocks up 10% during the 37% increase in BTC's market capitalisation, and small and mid-cap cryptocurrencies the only other time they outperformed the growth of BTC's market capitalisation being in April's Memecoin season.

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.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

In September, Anthropic directly acquired Caterpillar equipment orders worth 3.4 billion USD, securing 1.7 GW of gas generator units, marking the largest single purchase of power generation equipment in AI history. This move bypassed utility middlemen, capturing scarce capacity at prices set years ago with near-term delivery. It is part of Anthropic's plan to invest over 895 billion USD in computing infrastructure by 2045.

华尔街见闻•2026/11/08 12:41