Study Reveals Many Altcoins Rapidly Decline Against Bitcoin
New Findings Show Altcoins Struggle Perpetually Against Bitcoin
A recent study conducted by Swan, a financial services firm focused on Bitcoin, reveals that most altcoins experience rapid and systemic depreciation when measured against Bitcoin (BTC).
This finding emphasizes the dominant role Bitcoin plays in the cryptocurrency market. As Bitcoin continues to rise, altcoins often fail to maintain their value, leading to shareholder concerns.
This research serves as an important reminder for investors to scrutinize the performance of altcoins critically and understand their vulnerabilities in comparison to Bitcoin.