Bitcoin continues to maintain its position in the cryptocurrency market, despite recent price volatility. According to Ki Young Ju, CEO of CryptoQuant, Bitcoin's dominance is unlikely to diminish in the near future. 📈
Historical data shows that altcoins often rise when BTC corrects, but currently, altseason may not be as close as predicted. Bitcoin's growth this year has been driven by ETF funds and support from former President Donald Trump.
While BTC is correcting as investors take profits, the inflow of capital from ETF funds and institutional investors may sustain Bitcoin's dominance, delaying altseason. 🌐