Bitcoin is holding firm while ERC-20 altcoins are facing significant losses. The altcoin market has lost 234 billion USD in 14 days, indicating a stark divergence in performance.
Investors are favoring Bitcoin over altcoins, a trend reflected in multiple altcoin sectors, including DeFi and gaming, which are currently experiencing downturns.
Historically, altcoin underperformance suggests a shift in strategy that could benefit Bitcoin, especially if it maintains its stability amid market uncertainty.
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