Bitcoin’s market capitalization tends to fluctuate with altcoins. However, institutional investors are showing increased interest in Bitcoin as retail investors, especially in South Korea, prioritize crypto stocks over altcoins.
South Korean traders historically dominated altcoin trading, contributing over 80% to the trading volume. Recently, the daily trading average was reported at 9.4 billion USD, but interest has dipped significantly.
The weakened enthusiasm among South Korean traders may indicate further declines in altcoin values, impacting overall market capitalization as recent international trade tensions worsen the situation for altcoins.
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