The first half of 2024 is a bull market for BTC, but there is no bull market for altcoins. Here is a brief analysis of the reasons:

1. First of all, the old players are already rational and will not rush in blindly as before.

The total market value of 2.2 trillion cryptocurrencies is too small. BTC and ETH plus Tether account for 1.6 trillion, leaving a market value of more than 400 billion. In recent years, the types of altcoins have increased a lot, and the remaining market value of more than 400 billion has been diluted. How can the price rise?

3. Recently, large exchanges have frequently listed VC coins, and the inflated market value has been unlocked and released endlessly. Communication: BNB9978 investors have reacted! They will not easily make a move. And this evil behavior committed by the exchange will further dilute the altcoin.

It is precisely the magical place of the currency circle that best reflects human nature. There will always be a hot spot in the currency circle to detonate market sentiment!

The market has different opinions on when the Ethereum spot ETF will be passed, how much new funds it can bring, and whether it can trigger a real surge in the market - under the wave of AI, speculative hot money in the market is limited, and they are more inclined to flow into the stock market rather than the cryptocurrency market. After all, Web3 has not yet produced a convincing narrative or constructive progress that is enough to attract hot money from outside. #美联储何时降息？ #德国政府转移比特币 #美国首次申领失业救济人数超出预期