– Bitcoin’s market dominance is expected to increase from 50% to 60% by 2024, with positive factors driving this trend. – Traditional financial investors are allocating more Bitcoin via ETFs, and open positions in CME Bitcoin futures are growing. – Altcoins, however, are limited by declining user activity and pressure to unlock tokens, unlike the 2020-2021 DeFi boom.
– Investors are moving crypto assets to Bitcoin, supporting Michael Saylor’s statement that “The only option is the best option.”
