Corporate Bitcoin Buying Falls 91% Outside Strategy, CryptoQuant Says
CryptoQuant says monthly Bitcoin buying outside Strategy fell 91%, while one company supplied 71% of growth in public-company holdings over 14 months.
Bitcoin dominance is a metric that measures Bitcoin’s market capitalization as a percentage of the total cryptocurrency market capitalization. It shows how much of the overall crypto market value is represented by Bitcoin compared to other digital assets. Changes in bitcoin dominance can reflect shifts in investor sentiment between Bitcoin and alternative cryptocurrencies. An increase often suggests capital flowing into Bitcoin, while a decrease may indicate growing interest in altcoins. This metric is commonly used to analyze market cycles and trends.
CryptoQuant says monthly Bitcoin buying outside Strategy fell 91%, while one company supplied 71% of growth in public-company holdings over 14 months.
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