Bitcoin is trying to hit the key pressure range of $68,000-70,000. At the same time, the market share of Bitcoin has increased again, and the market value of other altcoins has been further compressed. For half a year, funds seem to only love Bitcoin to keep it at a high level, while other coins are a bit miserable. Some leading coins are cut in half.
Maybe these funds are out of conservative risk aversion, or anti-globalization, and geopolitical conflicts continue to lead to an increase in the demand for BTC in the black market. In short, only Bitcoin is rising. Perhaps only after Bitcoin breaks through a new high and the Federal Reserve further cuts interest rates, can altcoins rise.
