The cryptocurrency market has gone through many cycles but Bitcoin's position remains unchanged, still the leading currency and representative of this market. Many Altcoins no longer exist, but Bitcoin still affirms its position. This has been proven when major financial funds around the world choose Bitcoin as an asset to issue ETFs.

Between Bitcoin and the rest of this market (Altcoins) there still exists a fairly large gap. The only Altcoins that can come close to Bitcoin is Ethereum. However, in this cycle I feel like this distance is even farther. You can see that the growth rate of Bitcoin compared to Ethereum from the beginning of the growth cycle until now is quite different. Most Atlcoins have not kept up with Bitcoin's growth this cycle.

This is most evident when you look at the Alt/BTC pair. All are at the bottom, even breaking the bottom of previous cycles. This shows that Bitcoin's superior strength compared to other Altcoins in this cycle is quite large. Partly because the cash flow from ETF funds is only focusing on Bitcoin, and the capitalization fragmentation of Altcoins is increasing because the number of new Altcoins is increasing while cash flow for Altcoins is not really strong yet .

Therefore, in my personal opinion, if you want to invest in the cryptocurrency market, Bitcoin is still the top choice, irreplaceable.