Analyst: Capital Rotation Accelerates, Altcoins Replacing Bitcoin as Market Focus
According to The Block, QCP Capital stated that tariff negotiations and cooling inflation are driving a rebound in market risk appetite, and the rise in digital assets is expected to continue. Coin's imminent inclusion in the S&P 500 index may serve as a short-term catalyst. Since early April, the market value of altcoins has increased by nearly $100 billion, and the trend of capital inflow continues.
BRN analyst Valentin Fournier pointed out that Bitcoin's dominance has decreased from 65% to 62%, with ETH, SOL, and XRP rising by 58%, 35%, and 23% respectively this month, significantly outperforming BTC. Altcoin rotation has become the main theme of the current market.
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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