$BTC still maintains a significant leading position in the market, while $ETH's market share has seen a rebound from the bottom. In this round of market sentiment, investors tend to choose Ethereum over other altcoins. This tendency is mainly influenced by institutional funding, as institutions' confidence in Ethereum's technology and development prospects has driven the recovery of its market share. At the same time, the high fluctuation of the altcoin market and manipulation by large investors (the "market manipulator" phenomenon) have led many investors to prefer assets with higher stability.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$BTC still maintains a significant leading position in the market, while $ETH's market share has seen a rebound from the bottom. In this round of market sentiment, investors tend to choose Ethereum over other altcoins. This tendency is mainly influenced by institutional funding, as institutions' confidence in Ethereum's technology and development prospects has driven the recovery of its market share. At the same time, the high fluctuation of the altcoin market and manipulation by large investors (the "market manipulator" phenomenon) have led many investors to prefer assets with higher stability.