Odaily Planet Daily News Crypto asset management company SwissOne Capital said that the Federal Reserve's rate-cutting cycle may hinder the continued upward trend of Bitcoin (BTC) market share, thereby bringing broader benefits to the entire crypto market. According to TradingView data, Bitcoin's market share (i.e. its share of the total market value of cryptocurrencies) has risen from 38% to 58% in two years. In other words, Bitcoin's gains are faster relative to the entire market, driving the total market value of digital assets to double to more than $2 trillion. SwissOne Capital said that due to the Fed's recent 50 basis point rate cut, which kicked off the so-called easing cycle, there is limited room for Bitcoin's market share to rise further. "Bitcoin's market share is positively correlated with the U.S. federal funds rate," SwissOne Capital pointed out in a market update, mentioning that Bitcoin's market share fell in previous rate-cutting cycles. SwissOne Capital noted: "If history repeats itself, the recent start of the U.S. rate cut cycle certainly suggests that Bitcoin's market share has little room to rise further." SwissOne Capital said: "With stablecoins approaching 10% of total market capitalization, we believe this explains why Bitcoin's market share may peak between current levels and 60% (maximum), followed by a major reversal." (CoinDesk)