- Bitcoin’s dominance holds strong, with 86% holders in profit; Ethereum’s ETF potential signals further growth.
- Whale accumulation and institutional interest in Bitcoin suggest long-term confidence amid market volatility.
- Despite significant altcoin declines, increasing social interest in Ethereum and AI tokens points to potential rebounds.
The cryptocurrency market continues to captivate investors worldwide, with significant profits concentrated in large-cap coins and memecoins. As per IntoTheBlock data, Bitcoin remains the dominant force in the market, with over 86% of its holders currently in profit. Ethereum follows closely behind, showing strong performance with potential further gains from an anticipated Ethereum ETF.
This chart highlights top cryptocurrency projects ranked by the percentage of holders in profit.Bitcoin remains dominant, with over 86% of its holders in profit.
Ethereum is close behind, showing strong performance. The introduction of an #EthereumETF could be the push… pic.twitter.com/MOtJumk9uU
— IntoTheBlock (@intotheblock) June 20, 2024
As highlighted by analytics firm Santiment in a YouTube video, Bitcoin’s dominance currently st…
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