Ethereum

Altcoin Season Faces Challenges as Bitcoin Shifts Focus
CryptoQuant CEO Warns Altcoin Market Faces Tough Season

The altcoin market is approaching a crucial point since Bitcoin is gradually moving away from the broader cryptocurrency ecosystem. According to Ki Young Ju, the CEO of CryptoQuant, it poses difficulty for other markets and, therefore, changes the market somehow.  Currently, Bitcoin dominance is being impacted due to increased dependence on paper-based layer two ecosystems such as ETFs and investment funds. This evolution limits Bitcoin’s interactions with altcoins, requiring alternative tokens to innovate or adopt similar structures to attract liquidity. This trend, highlighted in a recent post by Ki Young Ju, signals a departure from the traditional correlation between Bitcoin