Odaily Planet Daily reported that Matrixport released a chart stating that Bitcoin's market dominance continues to rise, now reaching 58%, indicating that the altcoin craze has not yet arrived. Although there are over 20,000 cryptocurrencies on the market, attention remains highly concentrated on Bitcoin. Bitcoin's dominant position suggests that ETF capital inflows have little impact on altcoins, while also indicating that retail investors have not yet entered the market on a large scale. Bitcoin's trading volume has doubled from $10 billion to $20 billion in 2023, further highlighting the increasing influence of Bitcoin. From a risk-adjusted perspective, Bitcoin remains one of the most attractive trades in the current crypto market.