Is Bitcoin Losing Its Position As The Crypto Market's Leader?

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Bitcoin's price gains have lagged that of ether and Cardano's ada over the last few months. Is bitcoin still the market leader it was for years?

“Over the past few months, we’ve witnessed a marked change in that status and over the last week, we’re seeing the beginning of a clean break where Bitcoin is now following moves of other currencies like Ethereum,” he stated.“Bitcoin does not lead markets anymore,” he stated. “It has exhibited both poor upcapture and poor downcapture all year, meaning it doesn't keep pace with rallies AND sells off more than other assets in downturns.

“There are new sectors that have much faster growth trajectories, like DeFi , gaming, sports, NFTs and web 3.0, all of which have completely different factors and token attributes that contribute to their returns.”VP of financial products Jesse Knutson offered a more optimistic take, weighing in on how the world’s most prominent digital currency continues to develop.

“Given the massive change in market participants this year, I think it makes sense to see some price divergence between Bitcoin and more speculative digital assets from time to time,” Knutson stated. As time goes on, she expects individual digital assets to derive their values less from speculation and more based on their own specific characteristics.

 

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Maybe

CharlesLBovaird What about the differences in fixed supply cap between BTC and ADA, and lack of one for ETH?

CharlesLBovaird When the crypto market can continue unaffected by Bitcoin volatility, perhaps then, such talks maybe considered. But until then BTC will continue to ware the crown 👑

100%

Not even a word about hex ?! what a world of shit! RichardHeartWin Hex PulseChain

Yes, and rightfully so, though unfortunately lost to a broken, slow and expensive ETH. That’s where Algorand comes in. $ALGO

Its definitely losing to $HEX by over 100X. Hex will flip the BTC mcap in the bear market when it proves what the superior store of value is

Hey watch OPEN DESERT (fork of open sea) It's mooning! 🏜️🏜️🏜️

possibly not in the last month

Bitcoin will not lose its leadership in the next 5 years

It's just not possible. Altcoins always depend on the price of bitcoin

Not anytime soon.

Are you high or what

wtf is this from forbes lol bitcoin is the market maker you f idiots watch BTC drop 50% overnight and all alts are worthless

Yes it sure is

Crypto Yes ever since HEX came out.

Crypto 😅😅

Nope

Crypto no

By PiNetwork ?

Unequivocally no

Crypto For example, an outstanding norway team was created a new crypto ( BabyUSDToken ) who pays you in USDT dividends directly in your wallet.. Thats really huge!

YEAH, NAH

Crypto Yes - its a worthless shitcoin 😎

Crypto

lol this marks the bitcoin dominance bottom watch

Crypto It clearly is. Consistently losing market share to everything else. You can’t expect Bitcoin to stay dominant with 1000’s of other really great projects.

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Bad ROI this year

Crypto oh for God's sake stop sharing such news with clickbait titles!

Crypto Yes Its leaving it for XRP

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