The market size is not as big as you think, nor as small as you think🤣
In the cryptocurrency market, liquidity is a key factor. Whether it is retail investors or institutions, the funds in their hands are limited.
If you are already fully invested, but want to buy other currencies, you must sell other assets in your hands. So we often see that when the price of Bitcoin rises, many altcoins fall. This is because the rise of Bitcoin often draws funds from altcoins. This is actually a normal phenomenon in the market.
