您的当前位置:首页 > 发现基金 > Bitfinex report: If Bitcoin market share reaches a local peak, altcoins may perform better than the overall market in the coming months 正文
时间:2025-06-19 01:19:33 来源:网络整理 编辑:发现基金
CryptocurrencyexchangeBitfinexstatedthataltcoinsshowedresilienceduringlastweek'smarketsell-off,witha
Cryptocurrency exchange Bitfinex stated that altcoins showed resilience during last week's market sell-off, with a decrease in Bitcoin dominance (the proportion of Bitcoin market value to the total cryptocurrency market value) as selling pressure intensified, unlike previous market downturns. Bitfinex believes that if the market capitalization of Bitcoin has indeed reached a local high, altcoins may perform better in the coming months.
In its "Bitfinex Alpha" report released on Monday, Bitfinex pointed out that last week's market downturn pushed Bitcoin prices below the key low of $56711 seen on May 1st, a level that had previously triggered a rapid rebound. The recent sell-off has led to a decrease in leveraged positions, indicating that the market may be approaching local lows.
Bitfinex also pointed out that the correlation between Bitcoin prices and traditional financial markets still exists, and the significant outflow of funds from spot ETFs in the past week indicates that traditional financial investors are reducing their exposure to cryptocurrencies. It is worth noting that since August 27th, the net outflow of Bitcoin ETFs has reached $706.1 million, and the cumulative increase in spot trades (CVD) has shown a downward trend, indicating aggressive selling in the spot market.
At the same time, the altcoin market has shown resilience, with Bitcoin's market capitalization decreasing by 1.3% during last week's intensified sell-off, while all other cryptocurrency assets (excluding the top ten cryptocurrencies by market capitalization) increased by 4.4%. Bitfinex continues to write:
We cannot help but say that this change implies a potential pattern shift, where investors are seeking the value of altcoins, which is different from the typical pattern of investors flocking to Bitcoin during downturns
Bitfinex added that the number of open contracts for altcoins has also dropped by 55% from historical highs, indicating a cold speculative interest and potential exhaustion of sellers. In addition, as a representative of the altcoin market, the ETH/BTC ratio is still below its 365 day simple moving average (SMA), reflecting the overall poor performance of Ethereum (ETH) since its merger.
Bitfinex believes that if the market capitalization of Bitcoin has indeed reached a local high, "we may see a period of altcoins outperforming the market in the coming months, which could lay the foundation for a bullish fourth quarter if macroeconomic pressures ease.
data source
看币软件哪个最好_合约倍数安全的虚拟币交易app榜单一览2025-06-19 01:28
okb币行行情2025-06-19 01:10
HYC行情2025-06-19 00:20
Audius (AUDIO) 哪里可以买?交易平台推荐指南2025-06-18 23:56
狗狗币有什么作用2025-06-18 23:47
区块链挖矿平台[币圈挖矿平台]2025-06-18 23:43
宜人贷获取信用报告显示访问过多怎么办,我还能申请到贷款吗?2025-06-18 23:19
FUNToken (FUN) 哪里可以买?推荐交易平台解析2025-06-18 23:16
无限币手机钱包2025-06-18 23:12
ZetaChain (ZETA)哪里可以买?推荐交易平台解析2025-06-18 23:04
小企股哪些平台有-小企股哪些平台有分红2025-06-19 01:42
xmr行情2025-06-19 01:16
股票涨跌规律-股票涨跌规律及周期2025-06-19 01:11
购买支票的费用计入什么科目2025-06-19 00:37
gxc最新价格行情-gxc价格今日行情2025-06-19 00:33
在玖富万卡上做小额贷款怎么样,靠不靠谱呢?2025-06-19 00:16
特朗普放弃对欧盟征收50%关税的重磅消息,比特币涨势出现动摇2025-06-18 23:34
在存货采购入库后发生的储存费用怎么入账2025-06-18 23:04
通货紧缩股票-通货紧缩股票会如何2025-06-18 23:01
既有发出商品又有销售商品月底怎么结成本2025-06-18 22:59