Re: Bitcoin is the only one reaching new highs

Quote from: kotajikikox on June 24, 2025, 02:57:01 AM

Amid relentless market swings, Binance’s founder declares that only a handful of cryptocurrencies will achieve new all-time highs, advising investors to look for projects with enduring strength and future growth.

I have nothing against wanting to invest in altcoins. But I do believe that only very few and close to little altcoins will reach new ATHs. Maybe they will just rise for a few times but ethereum or xrp may not reach their ATHs again. There are other reasons why one would want to invest in altcoins like transactions purposes but I believe if you are hoping to see a coin reach new ATHs this cycle, it will only be bitcoin.

Its because this bullrun is different, money concentrated and only going to bitcoin. We can simply see the inflow of BTC and compare it to ETH.

BTC inflow on ETF is several folds higher than ETH despite ETH supposedly in a bullrun after pectra upgrade.

The fact that institutional money has become the integral part of this bullrun, the main mover also means these money hardly gonna go to some random alts, probably just limited to altcoins with potential of being approved for its ETF proposal.

Overall, don't expect much from alt but focuses more on BTC.