silentwolfMember
Posts: 3 · Reputation: 230
#1Nov 13, 2024, 01:09 PM
I feel like we might be entering another phase where people want to preserve capital, not just accumulate risky assets. If we look at past bear markets, Bitcoin dominance usually increases when liquidity shrinks and there’s a lot of uncertainty out there. It's more than just a crypto thing it's about where capital goes in risk-averse times. And in crypto, Bitcoin is often seen as the safest bet.
Ethereum has done some cool things, especially after the merge, but it still doesn’t take the lead in these situations.