If Bitcoin hits $200,000, it would more than double its previous high and draw substantial attention from various investors. Initial dominance might increase as investors seek security, but once Bitcoin stabilizes, funds could shift to Ethereum and other promising altcoins.
As per previous market trends, Bitcoin’s price movements often lead to altcoin rallies, particularly in sectors like DeFi. Institutional participation could reshape capital flow, affected by macroeconomic dynamics and market sentiment, setting the stage for potential volatility and rotation within the crypto market.
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