Matrixport: The latest "mini altcoin season" has cooled down, and market preference is returning to Bitcoin.


Matrixport released a chart today, stating, "The latest round of the 'mini altcoin season' has cooled off, with market preferences shifting back to Bitcoin. The Bitcoin dominance rate had previously dropped to a phase low of about 56.8%, but has now risen to 59.5%, showing a gradual upward trend. In this round of the market, the BTC dominance ratio is rising; this phenomenon may be related to the increased participation of institutions and the concentration of funds in assets with higher liquidity and clearer compliance.